STUDIO CITY, California
| Asking Price |
$195,000 |
Year Established |
2013 |
|
| Annual Revenue |
$293,352 |
Reason for Selling |
Personal |
|
| Annual P/L |
$0 |
Attention |
Ryan Clark |
|
| Annual Cash Flow |
$88,402 |
Listing Number |
989705 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
This absentee run Studio City area premium ice cream outlet is located in an ideal, high foot traffic location. The venue is famous for their high-quality ice cream with unique flavors and a commitment to using natural and sustainable ingredients. Beyond tasty treats, this outlet is recognized for its creative flavors, making it a popular choice for ice cream aficionados that appreciate a brand with superior taste and character.
Property Features and Assets:
<p><br>This 290 square foot plus storage location leases for $3,000 per month including common area maintenance expense on a lease until January 2026 with options to be negotiated in the lease assignment. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. An estimated $5k in inventory will be sold at cost at close in addition to purchase price.</p>
Market Competition and Expansion:
<p>The greater Studio City area is a competitive environment for sweets and desserts of all types. The combination of this celebrated brand’s name recognition, coupled with its high foot traffic location, profile it as sustainable competitive advantage.</p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity