*** SOLD ***
Ice Cream Store - Incredible Retail Location
Listing: #LA2533
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About this Business for sale in
Ice Cream Store - Incredible Retail LocationManhattan Beach Ice cream store established on one of the highest exposure and most desirable retail-street corners in California!!! Spectacular view of one of Southern California`s most photographed Pacific Ocean landmarks which is situated just 100 yards away. This rare location is the community focal point for one of the most affluent cities and tourist beach destinations in North America. Family owned company has a loyal year-round following for the delicious home-made treats that are offered. Absentee owner developed this “non-franchised” ice cream and food company from scratch. The unique exterior graphics and friendly interior creates an inviting atmosphere for customers, young and old. Currently the earnings are low. But an aggressive working owner (as opposed to absentee-owner) could take the Ice Cream Company sales, or the sales of any company that occupied this location, into the stratosphere because the location is so conducive to developing affluent, captive clientele. Because there is so much “sidewalk” exposure, just displaying additional products in the spacious interior would increase profits quickly. LOCATION, LOCATION, LOCATION is the motto of the Retail Industry and this Location has it all!!! Opportunity to acquire a location like this is very rare.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.