$ 495,000
-
$495,000
Price -
826
SqFt -
0.02
Acre
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About the Listing VC8527 - V211507749
Highly profitable, turn-key frozen yogurt restaurant. Great numbers: ~24% cap rate if owner-absent, up to ~37% cap rate if owner provides labor. Located in a destination resort town on the coast in Santa Barbara County, known for its culture, food, and idyllic setting. Easy to learn the entire business in only a few hours, but seller will provide up to two weeks of training and assistance during transfer. The store takes only a single person present to run it, requiring about 70 to 80 hours of labor per week. Great location in a high-volume shopping center, only about 8 blocks to the beach. Established and well-known in the community, this store has been open for 18 years, with 7 years under current owner. Business for sale only, no real estate, but business includes ~$100,000 in specialized equipment, and would likely cost more than twice that to replace. Priced to sell as a high-value, high-return small business investment that will immediately perform. Owner strongly prefers all-cash offers. Location and business records to be withheld until signing of a non-disclosure agreement.
Listing Highlights for 0 State Street
Interior Details
- Appliances:
- Air Cond:
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Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
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Listing Location
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0 State Street Santa Barbara, CA 93101
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