Creamistry Franchise, High Net, Help Run, Busy, Near The Theather.

North Hollywood, CA
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Asking Price:$199,000
Gross Revenue:$360,000
Rent:$9,840/Month
Established Year:2020
Cash Flow:$84,000
Inventory:$5,000
FF&E:$50,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
North Hollywood, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,300
Lease Expiration
30/04/2031
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
FAMILY
Franchise
This business is an established franchise
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Jonathan
Hwang
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Jonathan Hwang