Opened in late 2018 this smartly designed gelato shop is ready for the taking. Located in a neighborhood strip mall setting within an upper middle class Walnut Creek area. This school rich and family heavy area is the right location for this concept and boasts house made gelato and has a 5-star Yelp score with almost 100 reviews from customers who rave about the gelato, coffee, and service. The absentee owners had to move, and this is the perfect opportunity to get into a brand new, clean business for dirt cheap! This business also has great take out and retail options for its customers. Strong first year sales that are continuing to grow, especially into the summer months with coffee business strong in the winter. Growing sales through catering and expanding hours could significantly improve the cash flow of the business. Please be ready to provide the landlord with strong financials and operation prowess and jump on this SWEET TREAT now! Equipment includes: 1-12 Pan Ice Cream Freezer / 1 3-Shelf Pastry Display / 2 Tall Dining Tables / 12 High Stools / 2 Low Dining Tables / 12 Low Stools / 1 Kids Table / 4 Kids Chairs / 1 Water Table & Stand / 2 5-Shelf Retail Stands / 1 4-Shelf Retail Stand / 1 Pint Freezer / 3 2-Door Storage Lockers / 1 Square POS & Ipad / 1 Cash Drawer / 1 POS Printer / 1 Credit Card Chip Reader / 2 Waring Waffle Makers / 1 Oster Convection Oven / 1 Hot Water Machine / 1 Coffee Bean Holder & Grinder / 1 2-Group Espresso Machine / 1 Night Owl Security Camera System / 1 Onkyo Receiver&Amp / Assorted Coffee Tea Espresso Cups & Plates / 1 2-Door Dukers Fridge / 1 2-Door Dukers Freezer / 1 Techfrost Blast Freezer / 2 Metal Rolling Stands / Employee Lockers / 1 3-Comp Sink / 2 Le Chef Metal Storage Racks / 2 Electric Scales / 1 1-Door Frigidaire Freezer / 1 Handwash Sink / 1 Food Prep Sink / 1 Bravo Trittico 30" Gelato Maker / 1 Edgestar Ice Maker / 1 4-Shelf Storage Rack

General Info

  • OrganizationLLC
  • Established2018
  • Current Owner2018
  • Employees4-6
  • Reason For SaleOther Interests

Facilities

  • Seating30-40, plus walkway patio seats
  • Square Feet1300
  • ParkingParking lot
  • LicensesHealth, Dairy
  • Open HoursFri-Sat noon-10pm noon-9pm all other

Lease

  • Rent$5,410
  • Expiration2023 with 5 year option
  • Yearly Increase3% CPI
  • Option1 5-year
  • Deposit$6,000

Financials

  • Monthly Revenue$22,019
  • Monthly Cash FlowContact For Info
  • Annual Revenue$264,830
  • Annual Cash FlowContact For Info
  • Payroll$$11,951

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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