This is a fully equipped, specialty retail ice cream operation that produces it's own product in house, and is licensed as a manufacturing production facility with the California Department of Health Services, Food and Drug Branch (FDB). Located in a very desirable area, with a constant flow of pedestrian and motorist traffic. The owner is absentee, and has a manager in place, and the indicated cash flow reflects the business' net income, a buyer working hands on 40-50 hours per week, eliminating the manager's salary. The immaculate interior is very inviting, with service counter, display freezer and a small seating area, that offers customers a view of the operation. The fully equipped back of house with quarry tiled flooring includes a walk-in cooler and walk-in freezer, state of the art ice cream production machinery, a type 1 hood with fire suppression, 6-burner range with oven, food processor and mixer, work tables, prep and hand sinks, and storage racks. There's a separate clean room with floor drains, a 3-compartment sink, hand and mop sinks, and a dishwasher. A storage room with additional shelving and in ground grease trap, is adjacent to an employee restroom and a large private office. This unique business is exceptionally well equipped and is perfect for an owner operator looking to take over the existing business and clientele, and grow the business by expanding existing into the wholesale arena. Business name, recipes and branding are all included in the sale. The lease runs until Nov. 1, 2022, and the landlord has indicated 1 year options thereafter will be granted for qualified buyers. Options will include a demolition clause due to landlord's potential future plans to raze and reconstruct the building. This is only a possibility and at this stage no plans are in motion. A longer option period may be possible for very qualified buyers.

General Info

  • OrganizationContact For Info
  • Established2012
  • Current Owner2012
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating6-8 inside
  • Square Feet1,030
  • ParkingStreet
  • LicensesBusiness, Health Dept.
  • Open Hours12a-10p Daily

Lease

  • Rent$5,100 all inlcusive
  • ExpirationNov. 1, 2022
  • Yearly Increase3%
  • OptionNegotiable
  • Deposit10,000

Financials

  • Monthly Revenue$33,000
  • Monthly Cash Flow$9,150
  • Annual Revenue$396,000
  • Annual Cash Flow$109,800
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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