Reports

Chocoholics on the Market?

UPDATE: Chocoholics is scheduled to close on May 1st, 2013.

According to the owner of this store, he was “contacted by a broker but did not list it, and the listed terms of the lease are not accurate.”

Scrubbed from the web as of February 5 but not before screenshots could be taken. Active listing February 4, 2013.  http://www.bizben.com/business-for-sale/los-angeles-chocolate-coffee-shop-for-sale-187315.php
A simliar situation occurred with the gelato shop Baciami last year, when the owner denied that his shop was for sale although details had been posted on several sites, and even republished by Eater LA, which retained a copy of the original listing in pdf.
Approximately 5 years with one (1) x 5 year option.
Number of Employees: 1 full-time with owner working full-time 
Monthly Net Income: $3,740 with owner working full-time
Chocoholics Anonymous   in Larchmont Village

Asking Price:
$120,000+ Inv
Down Payment:
$120,000+
Annual Revenue:
$180,000
Annual Adjusted Net:
$45,000


Inventory: Approx $5,000 excluded
Business Type: Chocolates & Coffee
Day Open & Hours: 7 Days / 9am to 7pm, Sat 9am-4pm and Sunday opens 11am to 4pm
Lease: Approximately 5 years with one (1) x 5 year option 
Average Monthly Gross Sales: $15,000.0 (Approx.): 
Represented by Seller as per Listing Agreement

Average Monthly Expense:(Approx.): Represented by Seller as per Listing Agreement
Rent: $4,500.00
Cost Of Goods: $4,800.00 Including supply such as paper goods
Payroll: $1,200.00
Phone+Internet: $120.00
Electric: $300.00
Insurance: $40.00
Misc: $300.00 Such as License Fees & others
Total Average Monthly Expenses: $11,260 Average
Monthly Net Income:$3,740.00 with owner working fulltime

Broker/Agent does not guarantee the accuracy of the income, expenses or other information concerning the business provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals.

Address: 201 N Larchmont Blvd, Los Angeles, CA 90004

Location: north of 1st Street, south of Beverly Boulevard
west side of street

Contact: Remy Chen (broker), 213-798-9987

Parking: street                    Accessibility: ok for wheelchairs

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