Ice Cream chain. Net $9,500/m

Los Angeles County, CA (Relocatable)

Ice Cream chain. Net $9,500/m
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Asking Price: $380,000

Cash Flow: $115,000

Gross Revenue: $520,000

EBITDA: N/A

FF&E: $120,000

Inventory: $100,000

Rent: $4,500 /Month

Established: 2015

Ice Cream chain. Net $9,500/m

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Business Description

Extremly profitable and fast growing.

Established in 2015. First 3 years of operating allowed to open up 2 more retail location all around LA area. Since 2018 all equipment has been replaced by new. Extremely easy to operate.
A unique ERM system has been integrated, which helps to:
- track all inventory
- smart purchase and manufacture schedule
- smart transfer orders
- all types of reports
- product cost automatic calculation
Retail locations are situated in the most busiest shopping centers. Manufacture facility is located in 35 minutes between each location.
Company branded vehicle van included.
• 2016 GR - $283k
• 2017 GR - $363k
• 2018 GR - $480k
• Monthly net revenue in 2018 is $9,000 on an average
• Lease term: 3-5 years
• Manufacture Store: 1,200 sqft
• Employee: 1 FT and 14-16 PT
• Open hours are Mon-Sun from 10:00 to 9 pm
• Average rent - $4,500 per location

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
3/1/2022
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
New modern equipment. All locations are in a great condition. Production facility been remodeled.
Competition:
The product line is rare. Highly popular market and not too much competitive.
Growth & Expansion:
This business has a great potential in Franchising. That's why a Franchising campaign has been created and expecting to grow very rapidly.
Support & Training:
4 weeks training by manager.
Reason for Selling:
Owner is moving from area
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Business Listed By:
Art

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