Asset Sale Description
This manufacturing and retail facility is strategically located at 541 S. Spring St, Ste 104, Los Angeles, CA 90013, inside the historic Spring Arcade Building in downtown Los Angeles, within minutes to the 101, 110, 60, 10, and 5 Freeway on/offramps serving and providing easy access to distribution hubs and wholesale customers across Los Angeles, Orange, and Ventura Counties.
Unique And Rare Opportunity For Buyers Looking To:
-Enter the premium gelato, ice cream, frozen desert market in the Los Angeles Trade Area;
-Expand their existing gelato & frozen desert production business;
-Add a satellite manufacturing facility to increase its brand reach and distribution economically in less time.
Facility Features; Reasons Why You Should Buy This Facility:
-Turnkey Facility; Speed To Market; & Reduced Market Risk
-Acquisition Cost Savings – approx. 50% of current reproduction cost eliminating construction risk;
-Time Savings - Local and State Entitlements and Certifications In-Place and transferable saving a Buyer approx. 18-24 months to acquire the many different and time-consuming certifications required eliminating entitlement risk.
-11 years of leasehold improvements and updates;
-Established retail foot traffic;
-Flexible facility production capacity;
-Acquire a facility at a substantial discount to cost replacement, Turn Key;
-Diverse revenue potential sources through wholesale and retail operations.
Facility Production Capability:
-As of December 2024, according to Seller, facility is capable of producing enough product for 75 grocery stores and wholesale locations for Uli’s Gelato.
-At its peak, the retail sales from gelato and coffee were over $500,000 annually.
At its peak, the wholesale sales from groceries and other wholesale partners were approximately $50-60K/month.
-Capability to earn additional revenue from filming, catering and to-go orders.
What’s Included:
-All construction buildouts and improvements;
-All Permits and Licenses – detailed below;
-Rights to All Leaseholds to Manufacturing Facility & Storage Space. Note: The back of the shop can continue serving as a manufacturing facility, front portion of the premises, per Landlord must be re-activated as a retail gelato scoop shop or coffee shop.
-Leased Premises: As of December 2024, Gelateria Uli LLC leases two spaces that would be assigned to the Buyer: (1) the primary manufacturing facility; AND (2) a storage unit for packaging.
-All existing FF&E equipment:
-Manufacturing Facility: 541 S. Spring St, Ste 104, Los Angeles, CA 90013.
-Large walk-in freezer and walk-in refrigerator space
-State of the art blast chiller (Irinox))
-Two Italian batch freezers for freezing gelato, sorbet, ice cream (Carpigiani and Coldelite, also manufactured by Carpigiani)
-One California Department of Food and Agriculture approved 15 gallon pasteurizer (Jaybee Vat Pasteurizer) for making both DAIRY mixtures and Products Resembling Milk Products mixtures.
-Sufficient electricity in two electric panels (combined 350 amps)
-Large patio for seating
OPTIONAL: Vending machine for the after-hours
Government Certifications:
-Registered FDA facility
-Frozen Milk Plant accreditation by the California Department of Food and Agriculture (quarterly state inspections)
-Products Resembling Milk Products (PRMP) Plant accreditation (required for selling non-dairy frozen dessert)
-Valid Pasteurization Permit (required for making your own pasteurized white base)
-SQF Certification (for example, required for Whole Foods Markets and most distributors), the seller is willing to walk the buyer through this complex process and provide existing documentation upon sale of the facility but the responsibility to transfer the certification properly will rest solely with the buyer.
-Restaurant Permit from the Los Angeles County Health Department (inspected annually)
-Storage Unit: 530 S. Spring St, Los Angeles, CA
1,000-square-foot facility is used exclusively
Unique And Rare Opportunity For Buyers Looking To:
-Enter the premium gelato, ice cream, frozen desert market in the Los Angeles Trade Area;
-Expand their existing gelato & frozen desert production business;
-Add a satellite manufacturing facility to increase its brand reach and distribution economically in less time.
Facility Features; Reasons Why You Should Buy This Facility:
-Turnkey Facility; Speed To Market; & Reduced Market Risk
-Acquisition Cost Savings – approx. 50% of current reproduction cost eliminating construction risk;
-Time Savings - Local and State Entitlements and Certifications In-Place and transferable saving a Buyer approx. 18-24 months to acquire the many different and time-consuming certifications required eliminating entitlement risk.
-11 years of leasehold improvements and updates;
-Established retail foot traffic;
-Flexible facility production capacity;
-Acquire a facility at a substantial discount to cost replacement, Turn Key;
-Diverse revenue potential sources through wholesale and retail operations.
Facility Production Capability:
-As of December 2024, according to Seller, facility is capable of producing enough product for 75 grocery stores and wholesale locations for Uli’s Gelato.
-At its peak, the retail sales from gelato and coffee were over $500,000 annually.
At its peak, the wholesale sales from groceries and other wholesale partners were approximately $50-60K/month.
-Capability to earn additional revenue from filming, catering and to-go orders.
What’s Included:
-All construction buildouts and improvements;
-All Permits and Licenses – detailed below;
-Rights to All Leaseholds to Manufacturing Facility & Storage Space. Note: The back of the shop can continue serving as a manufacturing facility, front portion of the premises, per Landlord must be re-activated as a retail gelato scoop shop or coffee shop.
-Leased Premises: As of December 2024, Gelateria Uli LLC leases two spaces that would be assigned to the Buyer: (1) the primary manufacturing facility; AND (2) a storage unit for packaging.
-All existing FF&E equipment:
-Manufacturing Facility: 541 S. Spring St, Ste 104, Los Angeles, CA 90013.
-Large walk-in freezer and walk-in refrigerator space
-State of the art blast chiller (Irinox))
-Two Italian batch freezers for freezing gelato, sorbet, ice cream (Carpigiani and Coldelite, also manufactured by Carpigiani)
-One California Department of Food and Agriculture approved 15 gallon pasteurizer (Jaybee Vat Pasteurizer) for making both DAIRY mixtures and Products Resembling Milk Products mixtures.
-Sufficient electricity in two electric panels (combined 350 amps)
-Large patio for seating
OPTIONAL: Vending machine for the after-hours
Government Certifications:
-Registered FDA facility
-Frozen Milk Plant accreditation by the California Department of Food and Agriculture (quarterly state inspections)
-Products Resembling Milk Products (PRMP) Plant accreditation (required for selling non-dairy frozen dessert)
-Valid Pasteurization Permit (required for making your own pasteurized white base)
-SQF Certification (for example, required for Whole Foods Markets and most distributors), the seller is willing to walk the buyer through this complex process and provide existing documentation upon sale of the facility but the responsibility to transfer the certification properly will rest solely with the buyer.
-Restaurant Permit from the Los Angeles County Health Department (inspected annually)
-Storage Unit: 530 S. Spring St, Los Angeles, CA
1,000-square-foot facility is used exclusively
Detailed Information
- Years in Operation
- 11
- Facilities & Assets
- See attached package
About the Sale
- Seller Motivation
- Outgrown the production space
Listing Info
- ID
- 2326267
- Listing Views
- 987
Attached DocumentsAttachment Disclaimer
Uli_s_Gelato_Facility_Sale.pdf
Business Location
Listing ID: 2326267 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.