Desserts, Pastries and Gelato Franchise–Corner Location

Desserts, Pastries and Gelato Franchise–Corner Location – Upscale Neighborhood – Los Angeles County RRC#: 4199 Asking Price: $325,000 Location: California Annual Revenue: $508,000 Annual Cash Flow: $104,036 Monthly Rent: $8,186 Including NNN Expiration: 2024 Listing Description: Located in Los Angeles County-by-Sea! SBA loan pre-approved for long established authentic European style Dessert and Pastry Café Franchise featuring a 700 sq ft counter service on a corner location with patio seating. Located in the premier shopping area with an eclectic mix of 150+ distinctive & upscale shops, restaurants and cafes along one elegant walkable tree-lined street. High Foot Traffic location less than a mile away from the Ocean with ample street parking & customer parking behind building. The building is next door to houses with a median price of approximately $5mm. Offerings include delightful flavors and colors of the many dessert items with outstanding Coffee and Gelato. Simple, clean and easy operation with full training from the owners and the Franchisor and room to grow the business by adding lunch sandwiches which are currently in demand but not offered. Cost of Goods 28%, Labor cost 15% with a high net income with growing revenues and consistent earnings with employees in place. Franchise Royalties only 6.5%. The owners are Semi-Absentee and enjoy the freedom of this simple operation with No Chef’s, Bar tenders or Servers. If you’ve dreamed of owning a successful European-style quality pastry/café but have no interest in the long hours spent behind the scenes in the kitchen, this is the ideal franchise opportunity for you! To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail. General Information: Organization: LLC Year Established: 2016 Employees: 2 Reason For Sale: Other Interests Financial Information: Monthly Revenue: $42,300 Monthly Cash Flow: $8,670 Annual Revenue: $508,000 Annual Cash Flow: $104,036 Annual Payroll: $72,128 Facilities: Square Feet: 700 + 300 Patio Seating: 30 Parking: Street and Local Lot Days/Hours of Operation: 9am - 6pm Daily Location: Los Angeles County, California Year Established: 2016 Number of Employees: 2 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 700 Rent: $8,186.00 Per Month Facilities: Square Feet: 700 + 300 Patio Seating: 30 Parking: Street and Local Lot