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Encino, Los Angeles County, California
Ice Cream Shop - Versatile Build Out, Busy Center
Asking Price
$50,000
Revenue
$20,359
Down
$50,000
Cash Flow
$40,299
Description
This 1,000 square foot location leases for $5,000 per month including common area maintenance expense on a lease until February 2027 with options to be negotiated in the sale. All of the business’s furniture, fixtures, equipment and goodwill will be included.
The greater Encino area is a competitive environment for all types of desserts and sweets. This well-known brand is known for its variety and creativity, which draws customers in form the surrounding area, which helps to provide a competitive advantage.
New owners may want to manage this as an owner-operated location, or they may wish to capitalize on the location’s notoriety as a food service destination and launch any number of concepts, provided they do not compete with the number of existing food venues and obtain landlord concept. Alternately, they may wish to convert the space to an independent ice cream or yogurt shop, or other dessert concepts.
The current owner operates the business on a largely absentee basis. They perform food orders and check-in on the location a few times per week. The location’s general manager, who is included in the financials, largely runs that business.
Posting Information
Posting ID:
292212
Business Category:
Restaurants & Food, Retail
Business Types:
Fast Food, Quick Service Restaurant
Ice Cream Shops, Parlors
Keywords:
Encino
los angeles county
california
ice cream
fast food
Attributes:
Absentee Run
Broker Cooperation
Existing Franchise
For Sale By Owner
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Posting Title
Ice Cream Shop - Versatile Build Out, Busy Center
Posting ID
#292212
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