Pristine & Profitable Gelato Shop In Busy Shopping/dining District

Pasadena, CA (Los Angeles County)

Pristine & Profitable Gelato Shop In Busy Shopping/dining District

Asking Price:$99,900

Cash Flow:$94,860

Gross Revenue:$220,800

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Pristine & Profitable Gelato Shop In Busy Shopping/dining District

Get Financing Save Print Share Valuation Report

Business Description

Pristine & Profitable Gelato Shop In Busy Shopping/dining District

Pristine & Profitable Gelato Shop In Busy Shopping/dining District In Pasadena, Re-built In 2014

RRC#: 2435
Asking Price: $99,900
Location: Pasadena, Los Angeles County, California
Yearly Revenue: $220,800
Yearly Cash Flow: $94,860
Monthly Rent: $4,500

LISTING DESCRIPTION:
Charming Gelato shop in the heart of Pasadena''s shopping and dining district. This shop looks absolutely brand new and was rebuilt in 2014. Features new equipment including: low boy refrigerator, Square POS system, True double door freezer/refrigerator, Traulsen single door freezer, microwave, prep table, 3 comp sink, scale, bathroom, storage area. THE BUSINESS NAME AND EXACT RECIPES ARE NOT FOR SALE. However, owner will train the basics of Gelato manufacturing. Buyer to change name. Sorry No hood. Owner is operator. Space is all electric. Electricity runs approx. $350 per month, summer months $600. Water included in rent. Good landlord.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2000 | Current Owner: 2014 | Employees: 4 part time | Seating: outdoor seating 3 to 4 tables | Square Footage: 900 | Parking: lot, valet | Days Open/Hours: Tues-Sun 12pm-10pm, weekends till 11pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $220,800 | Yearly Cash Flow: $94,860 | Payroll: $2500 |

LEASE INFORMATION:
Monthly Rent: $4,500 | Lease Expiration: Sept 2017 |

Listing Statistics for Premium Members

Ad#:1257803 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Steven D . Zimmerman CBB, CBI

Business Listed By:
Steven D . Zimmerman CBB, CBI

Restaurant Realty Company

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Find out more...

Get more details about this business.


Similar Listings


Teriyaki Madness

Franchise Opportunity
Capital Required: $400,000