Ice Cream Shop - Versatile Build Out, Busy Center

This greater Encino area ice cream shop in located in a busy retail center that is frequented by office workers, retail shopping clients and restaurant patrons.  The versatile build-out lends itself to any number of dessert related concepts, or potentially others, that do not require a kitchen or a hood. 
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.