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Cold Stone Creamery near Cerritos AD# D314

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California

$299,000

Property Details

Beds0 Baths0 Garage0

Property Description

ANNUAL GROSS: $337,837
MONTHLY RENT: $3,840
LEASE TERMS: 5 YEARS
STORE SIZE: 1,000 SF.
OPEN HOURS: 12PM-10PM SUN-TH / 12PM-11PM FRI & SAT.
EMPLOYEES: 7 PT.
WAGE: $3,800/MO.
REASON FOR SELLING: WANT TO TRY SOMETHING DIFFERENT.

NOTE: SAME OWNER SINCE 2009. LOCATED IN A BUSY SHOPPING CENTER
WITH SUPER MARKET AND MOVIE THEATER.
HUSBAND AND WIFE WORKS PART TIME.
SHORT OPEN HOURS. ALL OVER THE COUNTER SALES.
POTENTIAL TO INCREASE BUSINESS WTH FUNDRAISING AND CATERING.
9% ROYALTY. $17,500 TRANSFER FEE.
POPULAR FRANCHISE WITH LONG HISTORY.

NET INCOME: $100,000/YR.
ASKING PRICE: $299,000+INV.

 

Property Type Business

Property Status: For Sale

Property Features

Location

California

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