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West Los Angeles / Westwood Area Frozen Yogurt Shop w/ Patio

California, Los Angeles
Asking Price $50,000.00
Gross Income $152,000.00
Cash Flow $152,000.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • RESTAURANTS

  • Specialty Restaurant
Overview
This West Los Angeles / Westwood Area classic serve yogurt shop with a shared patio boasts a prime location with excellent street front visibility. The yogurt store, with both indoor and outdoor seating, has had over $200,000 invested in it and is selling for a small fraction of its overall build-out and start-up cost. While the newly built-out facility works well for many concepts, the location does not have a hood.
Business Details
Location and Facilities: This 1,400 square foot facility leases for $4,000 per month on a lease with 1 year remaining, and a 5 year option. All of the business's furniture, fixtures and equipment will be included in the sale. The specific equipment includes 5 state of the art gravity fed yogurt machines (each of which cost $16,500 new; for $82,500 total), a large walk-in cooler, a 2 door freezer, patron seating, a newly built out counter with yogurt topping stations, an ADA approved rest room, an employee locker room, and a manger s office. The business s name and goodwill may a

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: A new owner may seek to maintain the current name and concept, thus capitalizing on the current client base and $45,000 worth of yogurt machines (estimated current value), or a buyer may seek to capitalize on the location and build-out, and change the concept all together. If they maintain the concept they will seek to further explore the specialty yogurt offerings (sugar free, lactose free, etc.) that have already proven to be a hit. If the buyer chooses to modify the concept, they may consider any number of ones that may not require a hood such as a de While there are many frozen yogurt shops throughout this popular area of Los Angeles. Competition this business s busy location with excellent freeway access, great street front visibility, and complementary neighboring businesses, provides it a competitive advantage.

Reasons for Selling: Personal

Financing:

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