For Sale
$269,000

3730 Figueroa StLos Angeles, CA 90007

Established Franchise, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional opportunity presents a thriving Cold Stone Creamery franchise in Los Angeles, CA. Located at 3730 S Figueroa St, 90007, this 1,095 square foot restaurant boasts a prime location across from the Natural History Museum and Science Center, ensuring high pedestrian traffic and a loyal customer base cultivated over 10 years of operation. The business enjoys a strong NOI of $100,000, generating a compelling 37.17% cap rate. The asking price is $269,000, with a price per square foot of $245.66. The current lease, with a franchisee tenant, extends until March 11, 2026, offering a remaining term of approximately 1.3 years. Monthly rent is $7,128. Included in the sale is over $100,000 worth of equipment. This turnkey operation features the unique addition of a Surf City Smoothie franchise, further enhancing revenue streams through delivery and catering services. The seller will provide a 30-day on-site tutorial, and Cold Stone Creamery offers a week of training in Arizona. Seller financing is not available. This is a rare chance to acquire a profitable, established business within a renowned international brand. Proof of funds is required.

Highlights

  • Thriving Cold Stone Creamery franchise in Los Angeles, CA, with a strong NOI of $100,000 and a 37.17% cap rate.
  • 1,095 SF restaurant located at 3730 S Figueroa St, 90007, across from the Natural History Museum and Science Center.
  • Asking price: $269,000 ($245.66/SF); lease expires March 11, 2026 (approx. 1.3 years remaining), with monthly rent of $7,128.
  • Includes over $100,000 in equipment and a Surf City Smoothie franchise, enhancing revenue streams.
  • Turnkey operation with 30-day seller training; Cold Stone Creamery provides additional training.

Property Details for 3730 Figueroa St

Property type
Retail properties, Restaurants
Square Feet
1,095 SF

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.017163963197
Longitude
-118.28274328315
3730 Figueroa St, Los Angeles, California

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3730 Figueroa St
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