Hispanic Ice Cream Shop Chain Store - 7 Employees

Los Angeles, CA (Los Angeles County)

Hispanic Ice Cream Shop Chain Store - 7 Employees
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Asking Price: $350,000

Cash Flow: $220,000

Gross Revenue: $840,000

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Rent: $3,500 /Month

Established: 2019

*not included in asking price.

Hispanic Ice Cream Shop Chain Store - 7 Employees

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Business Description

Hispanic style ice cream shop, 6 months open, grossing $70,000/month! Great Profits!

Seller manufactures the ice cream elsewhere and will provide products here.

Great lease! 20 Years with only 1% increase per year all the way through!

Part of a popular chain of stores known for high quality products.

Some Major Expense: Rent 3,500; Labor 18,000; Food Cost 26,000 (or 38%); Utilities 1,500; Ins/WC 2,000

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
5/1/2023
Employees:
7
Reason for Selling:
Build To Sell
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(from currently available funds)
 
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William Park

Business Listed By:
VR Business Brokers

VR Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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