Posting Details

Ice Cream Franchise For Sale - Torrance, Los Angeles County

Popular franchise ice cream franchise store located in new section of major mall in los angeles south bay. Business serves pop-bars, gelatto, sorbet, yogurt pops, shakes and coffee. Business is located by a main entrance by a popular restaurant and macy's retail store. Store was built in 2016 at a initial cost of over $300,000---all equipment was new and beautifully decorated. Sales and profit were increasing and then owner learned their son was ill and they have run the store absentee throughout 2018. Sales have dropped off since no one is pushing catering sales. Sales in 2017 were $537k and profit was about $120k. The business currently has 1 full time and 6.part time employees. This is a great opportunity for someone to take over and re-energize the business at a reasonable price. There is lots of growth potential for much higher sales. The franchisor is constantly working on new menu items to be introduced. Royalties are 6% and advertising is 2% of gross, there is a transfer fee of $20k which seller offer to split with buyer. Training will be by franchisor.
The listing # 251237 Ice Cream Franchise - Torrance, Los Angeles County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Ice Cream Franchise in Torrance, Los Angeles County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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