0 State Street, Santa Barbara, CA, 93101

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$495,000
18 Days On Site

0 State Street
Santa Barbara, CA 93101

For Sale|Business Opportunity|Active
0
Beds
0
Total Baths
826
SqFt
$599
/SqFt
County:
Santa Barbara
Listed by Christopher Page of Santa Barbara Estates chris@oceanhomes.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
0 State Street0 State Street0 State Street0 State Street
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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.

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Listing Snapshot
Price 
$495,000
Days On Site 
18 Days
Bedrooms 
N/A
Inside Area (SqFt) 
826 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.019 Acres
Year Built 
N/A
MLS Number 
V1-39231
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
3 weeks agoListing first seen on site
General Features
Acres 
0.019
Building Features 
TvSystem
SqFt Total 
826
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Community Features
MLS Area 
VC81 - Santa Barbara
Financing Terms Available 
Cash


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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