ICE CREAM BUSINESS IN LA COUNTY SBA PRE-QUALIFIED

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$500,000 $589,457

Food & Beverage: Coffee, Cafe, Dessert


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RE: ICE CREAM BUSINESS IN LA COUNTY SBA PRE-QUALIFIED Broker: Gina Veeragoudar
License #: 02072895

Quick Facts

Asking Price: $500,000
Annual Revenue: $589,457
Net Profit: $130,449
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $48,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 17
BBN Listing #: 453458137
Broker Reference #: 207-00007

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Business Overview:

Owner operated exceptional premium ice cream dessert shop franchisee location that specializes in gourmet ice cream sandwiches near a popular beach in Los Angeles County area. This is turnkey business that is ready for a new owner that wants to take over a business that has been established but young enough to be able to grow the business. The franchisee location features cookies, brownies ice cream, and ice cream sandwiches! The cookies and brownies are made fresh daily in the kitchen. The business has the potential for growth, increasing profit, and establishing itself as the number one desert place in the beach city located in Los Angeles County. The plaza has great anchors as well as a pedestrian path to access the beach. It is comfortable, clean, and inviting for those looking for a fairly easy operation to run. The well-known ice cream sandwich shop is based on their great premium quality ice cream and baked goods. In addition to being in a convenient location near the beach, it is walking distance to a residential community, hotels, and has good tourism. There is an abundance of parking which makes the location convenient for customers. The shop has been at the present location since 2018 and the seller has spent $320,000 in leasehold improvements & $48,000 in FF&E. The 2019 gross income is $589,457, and the 2019 net income is $130,449. The seller will train the buyer for up to two weeks. Other ways to increase the profitability would be to advertise for catering orders. FF&E are included in the sale. Seller is selling due to location being too far from home. Inquire now! For more detailed information, please contact Listing Agent Gina Veeragoudar or email us.

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Property Features and Assets:

This is a leased location of 1,200 square feet with a Total Rent of $8,568. Lease ends 4/2023. Seller is active in the business with 3 Full Time employees and 14 Part Time employees. Hours of operation are Sunday - Thursday: 11:30 AM - 10:30 PM, Friday - Saturday: 11:30 AM - 12:00 AM. $5,000 in Inventory and $48,000 in FF&E included in Asking Price. $320,000 made in Leasehold Improvements. Assets include clean premises, ample parking, largest Class A space fitness facility & great equipment! ServSafe License Required.

Reason for Selling:

Too far from sellers home

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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