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VR Business Brokers - Artesia, CA
17100 Pioneer Blvd., Suite 195
Artesia, CA 90701
(562) 402-2686
www.bizbizbiz.com
Jonathanvrbb@gmail.com
 

VR Business Brokers - Artesia, CA

17100 Pioneer Blvd., Suite 195
Artesia, CA 90701
(562) 402-2686
www.bizbizbiz.com
Jonathanvrbb@gmail.com

Business Listing Details

LISTING#:
01984878JH

N1020: Franchise Offers
CREAMISTRY FRANCHISE IN BEACH CITY, TURN KEY
LOCATION: LOS ANGELES
  
ASKING
PRICE

$169,000
AMOUNT
DOWN

$169,000
REVENUES:
  
$348,000
DISCRETIONARY
EARNINGS

$42,000
TOTAL
ASSETS

This venue is in a prime location within a busy shopping center and one of the fastest-growing Liquid Nitrogen Ice Cream Franchises in Creamistry!

With many anchor tenants, this location is a storefront with great curb appeal and visible to all passersby.

This location has a loyal following of local residents from this upscale community and is known for it's mouthwatering made to order fresh ice cream, making memorable eating experiences.

The new owner will save over $300K in build-out and equipment, hiring staff, and many of the headaches that come with opening a new franchise.

Many signature items are served here and with a part-time Owner operator.

With 08 years remaining on this long secure lease and a loyal, regular customer base, pride in ownership is easily appreciated here.

The business is a model turn-key operation with all systems in place and a strong Franchise support system.

Building Information:
Square Footage: 1109 sq. ft.
Patron Capacity: 30
Hours of Operation: Daily, 12pm - 10pm

Operations:
Years Established: 2
Number of Employees: 08 part-time
Monthly Payroll: $8K/month

Financials:
Monthly Sales: $29,000 Average
Monthly Cash Flow: $3,500

Royalties: 6% and 2% Marketing
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.

Contact:  Jonathan Hwang
Phone:  (562) 402-2686
Cell:  (714) 510-0248
E-Mail:  Jonathanvrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd., Suite 195
Artesia, CA 90701
www.bizbizbiz.com
Listing Number:  01984878JH
 


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