3730 Figueroa St Los Angeles, CA 90007
- Retail properties
- 1,095 SF
Current Use by Public Records
- Surf City Squeeze / Juice Shop
- Cold Stone Creamery / Ice Cream Shop / Cake Shop
Property Details for 3730 Figueroa St
- Property size
- 1,095 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.283
- Latitude
- 34.0172