Tutti Frutti - In A Popular Mall - Absentee Owner

Culver City, CA (Los Angeles County)

Tutti Frutti - In A Popular Mall - Absentee Owner
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Asking Price: Get Financing: $180,000

Cash Flow: $79,000

Gross Revenue: $280,000

EBITDA: N/A

FF&E: N/A

Inventory: $3,000*

Lease Rate: $5,667 /Month

Established: 2010

*not included in asking price.

Tutti Frutti - In A Popular Mall - Absentee Owner

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Business Description

Tutti Frutti Frozen Yogurt started their journey in 2008 in Sunny Southern California.

Since then Tutti Frutti frozen yogurt can be found throughout the U.S. as well as in more than 25 countries.

This store is located in a high traffic popular mall next to Target on 2nd level.

ABSENTEE RUN.. Current owner is going back to homeland and has been mostly out of the country. EXCELLENT Books and Records.

NO ROYALTY or AD FEE this is a license agreement with supplier, $25,000 in license fee has already been paid and is transferable. 1 week training on site.

Food Cost 19%...Transfer fee... $2500... Elec. $1000/month. LONG LEASE... 7 years still remaining.

Opportunity to increase by adding fund raising and delivery.

EASY OPERATION.. 4 machines.. 8 Flavors.. Full Staff

OFFICE ID# - 4228RS

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
465
Lease Expiration:
5/30/2025
Employees:
4
Reason for Selling:
Going Back To Home Country
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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 International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).


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