Prime Location - Menchies Frozen Yogurt Shop - Absentee Owners

Los Angeles County, CA

Prime Location - Menchies Frozen Yogurt Shop - Absentee Owners
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Asking Price: $147,000

Cash Flow: N/A

Gross Revenue: $492,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,995 /Month

Established: 2011

Prime Location - Menchies Frozen Yogurt Shop - Absentee Owners

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Business Description

Easy to own Menchie's Franchise - High Volume Location

Located in San Gabriel Valley - Los Angeles County - Warm weather - Dense Population

Excellent opportunity to purchase a well established Menchie's franchise that is easy to run!

This store is absentee run on team of trained employees. Perfect investment opportunity for owner operators, semi-absentee or investors. Simple to operate and low labor costs due to self serve concept makes it even more attractive.

Current owner moved away from the area and has started a new business venture which is requiring all of his attention. This is a very attractively priced opportunity for the right buyer.

Lots of room to grow revenues and reduce expenses for a new owner.

2018 Gross sales: $492,579
Building size : 1380+ sqft
Base Rent: 5,940.29
CAM: 849.54
Taxes : 1,206.64
Lease until November 2021, Option 5 years.
Employees : 8-12 Part Time Only

Contact: Jake Rubin, 310-894-8885, menchieswbl@gmail.com

Attached Documents


Detailed Information

Location:
Los Angeles County, CA
Real Estate:
Leased
Building SF:
1,380
Lease Expiration:
N/A
Employees:
9
Financing:
Cash buyers will be given preference.
Support & Training:
New owner will receive extensive support & training from Menchie's HQ on all aspects of operations. In addition, support & guidance will be provided for an agreed upon time frame by seller.
Reason for Selling:
Owner Needed to Relocate and Started a New Business
Franchise:
This business is an established franchise
Business Website:
http://www.menchies.com
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Business Listed By:
Jake Rubin

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