Complete with full kitchen, walk up service window and patio with seating for 36. Possible drive thru capability. Located on the corner of a high traffic intersection with great visibility. People travel a great distance to purchase their treats here! Well equipped kitchen with 6 ft hood, 2 burner stovetop, fryer, 2 door freezer, 2 low boy freezers, 3 single door refrigerators, mixer, blender, ice grinder and cheese warmer. Small office area, storage and single restroom. Security system with cameras. Includes patio tables and seating. Owner is retiring. Owner is also the landlord and will provide the buyer with a new lease. THIS IS AN ASSET SALE. Minimal financial info available. Long time Los Angeles landmark known for their desserts & snack items.

General Info

  • OrganizationSole Proprietorship
  • Established1960
  • Current Owner2014
  • Employees2 owner operators
  • Reason For SaleRetirement

Facilities

  • Seating36 on patio
  • Square Feet500
  • ParkingStreet
  • LicensesCity Business License, Health Department License
  • Open HoursMon, Wed, Thur 11AM-8PM-Fri-Sun 11AM-9PM

Lease

  • Rent$3,000 Gross
  • Expiration2024
  • Yearly Increase2-3%
  • OptionYes
  • DepositYes

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$Contact 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.

Location