Established LA Trendy Dessert Game Lounge

Los Angeles, CA (Los Angeles County)

Seller Financing Available
Established LA Trendy Dessert Game Lounge
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Asking Price: $225,000

Cash Flow: N/A

Gross Revenue: $375,000

EBITDA: N/A

FF&E: $100,000

Inventory: $10,000

Rent: $4,003 /Month

Established: 2014

Established LA Trendy Dessert Game Lounge

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Business Description

Ice Cream 500+ Game lounge

There are game shops & there are ice cream shops. We thought: why not combine the two, with a twist. Hence, a board game dessert lounge! 500+ games in current inventory with a lounge vibe.
We use an aeronautic-grade steel drill at lightening speeds to create cereal infused ice cream that's Silky Smooth inside a freshly made Bubble Waffle. We have a large selection of Vegan options from ice cream, waffles, shakes & more. Large trendy Tea/coffee bar! We offer many weekly game nights & more. We have a large clientele with usually 30 min wait times on the weekends. There is currently 2 locations. Both could sell as a couple with options as well.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,250
Lease Expiration:
12/20/2024
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1250 sq space with large back office remodeled & employee restroom. Entire store has been remodeled with over 100K spent on fixtures, equipment. All equipment is not older than 6months. 2 AC systems, huge walk in freezer & fridges. Everything in good working condition. The lease was just renewed last year for another 5 years. We are connected to a large luxury AMC theater chain in a large shopping center. End unit which is perfect
Competition:
We are the only Game lounge that serves gourmet ice cream desserts & coffee/tea bar. Prime Location connected to a large AMC theater Luxury edition. The store has ample parking all around and is a end unit with AMC and many other restaurant chains like taco bell, carls, apple bees etc .
Growth & Expansion:
Expansion capabilities with catering. We get daily inquires on catering
Financing:
may be willing to hold 20-30% sellers note of total asking price with terms
Support & Training:
Will provide as much training as needed. 2+ weeks
Reason for Selling:
absentee owner/owner has other business's
Business Website:
http://www.silkysmoothlounge.com
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Business Listed By:
Scott

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