Creamistry Franchise, High Net, Help Run, Busy
Not Disclosed, CA Los Angeles County
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- RE: Creamistry Franchise, High Net, Help Run, Busy
- Contact: Jonathan Hwang
- License #: 01995716
Quick Facts
| Asking Price: | $199,000 | |
| Annual Revenue: | $360,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $84,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 8 | |
| BBN Listing #: | 954366 | |
| Broker Reference #: | 5518 JH |
Business Overview:
An established ice cream franchise is now available for purchase in a prime, high-traffic location in the Hollywood area of Los Angeles County. This business operates seven days a week, from 12 PM to 10 PM, taking full advantage of the consistent foot traffic generated by the nearby movie theater.
Business Financials:
- Annual Net Sales:$360,000 (2024)
- Monthly Rent:$9,840 (includes NNN)
- Lease Terms:2 years remaining on the current lease with a 5-year renewal option
- Store Size:1,200 sq. ft.
Franchise Information:
- Franchise Transfer Fee:$20,000
- Royalty Fee:7.5%
Operations:
- Employee Count:8 part-time employees
- Monthly Wage Expense:$8,000
- Current Management:The business is currently run with the owner's assistance, presenting significant potential for increased profitability under full owner-operator management.
Additional Details:
- Owner Tenure:Since 2020
- Reason for Selling:Family commitments
This is an excellent opportunity for an owner-operator to capitalize on an already profitable business with considerable growth potential.
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Reason for Selling:
Family CommitmentsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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