This 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 venue is recognized for its creative flavors names, making it a popular choice for ice cream lovers who appreciate a brand with no shortage of superior taste and character.
- Asking Price:
- $125,000 Furniture / Fixtures included
- Sales Revenue:
- $303,361
- Cash Flow:
- $38,812
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$303,361 per annum
- Premises Details:
-
This 1,200 square foot location leases for $6,180 per month including common area maintenance expense on a lease until September 2030 with one 5 year option to extend. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. An estimated $5,000 in inventory will be sold at cost at close.
- Size in square feet:
- 1,200
Business Operation
- Expansion Potential:
-
New management may want to operate the business as a full or part-time working owner operator to minimize wage expense while not only maximizing revenues but also helping to ensure a stellar customer experience. They may also choose to become an independent ice cream shop or introduce an alternate dessert concept in the sought after space altogether.
The current owner resides abroad and is not engaged in the daily operations. The current manager is paid $30k/year.
- Competition / Market:
-
Beverly Hills is a competitive environment for sweets and desserts of all types. The band is known worldwide for its variety, flavors and more, which provide it an competitive advantage.
- Reasons for selling:
-
Personal
- Employees:
- 4
- Years established:
- 2021
Other Information
- Furniture / Fixtures value:
- $30,000 - included in the asking price
- Inventory / Stock value:
- $5,000
