Well established and profitable ice cream dessert concept which features a wide array of hand-crafted dessert items . Located in an affluent area in Alameda county, on a lively main thoroughfare that gets a lot of foot traffic seven days a week and is also home to schools and universities, boutique retail shops and restaurants and very dense residential. This location is the original store of a chain, and has built a tremendous amount of goodwill over the years. The chain has grown to 11 stores throughout California. Unlike other dessert concepts that come and go, this is a long-standing and classic that has stood the test of time and remained popular throughout the coming and going of other dessert trends. The current owner is absentee and a new owner could continue to run the business this way, or be an owner/operator. The business does not require any cooking or skilled cooks and chefs in the kitchen making the pool of labor easier than other businesses and more ease of operation for the owner. The financials below represent the last full year which is 2019, The sales were $801,677 and annual cash flow is $177,673. For 2021 the sales are $743,065 which is 93% of pre-pandemic sales. The annual cash flow is $169,162 year to date. Seller will consider all reasonable offers based on the 2019 and 2021 revenue and cashflow. If you have interest please sign an NDA to request more information and to discuss this opportunity.

General Info

  • OrganizationSole Proprietorship
  • Established2010
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating13
  • Square Feet753
  • ParkingStreet Parking
  • LicensesBusiness and Health Permit
  • Open Hours12pm-10pm Daily

Lease

  • Rent$6,520
  • ExpirationMay 2023
  • Yearly Increase2%
  • Option5 year Option (FMV)
  • Deposit$9,000

Financials

  • Monthly Revenue$66,806
  • Monthly Cash Flow$14,801
  • Annual Revenue $801,677
  • Annual Cash Flow$177,623
  • Payroll$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