BizEx120-JD: Super Suppers - Prepared Meals

Background:

General Location:10754 Jefferson Blvd, CA
Category:Services > Other Miscellaneous Services
Retail > Other Food Stores
Years in Business:1
Under Present Owner:1
Hours of Operation:6 days 8 hours
Owner Hours:48
Training:2 weeks, 40 hours/week
Organization Type:LLC
Lease Expiration:December 02, 2008
Lease Options:Renewable
Building Size:1,200 sqft
Employees:0 FT; 0 PT

Reason for Sale:
Be with Family

Financials

Asking Price:$180,000
Down Payment:Negotiable
Gross Sales:$115,563
Discretionary Cash Flow:$1
FF&E:$ 76,000
Inventory Included?Yes
Inventory:$ 0
Minimum Operating Capital:$ 0
Real Estate Available?No
Real Estate Asking Price:$ 0
Rent:$ 4,508/month
Payroll:$ 0/month
Financing:Seller

None...None...None...
Gross SalesNone...None...None...
Gross ProfitNone...None...None...
Disc. EarningsNone...None...None...

* YTD as of None..., ** = Prorated.

Broker Info


John DeGolyer
Business Broker
(310) 882-2200 ext 109
LIC# 01859016

Summary

Business for Sale: The Super Suppers Franchise in the Southern California Communities of West Los Angeles. During a recession, people have less time and less income to go out for a good meal. For $15 to $20, super suppers provides mouth-watering, nutritious, meals for family, dates or dinner parties, saving money and using the same high quality ingredients found in high-end restaurants. The business also offers a Supper Club with 6 entrees for $78 . The business sits in the middle of an ideal target market; of West Los Angeles with more than 850 customers in a constant contact database for marketing. This franchise is in a shopping mall right next to a grocery store with tons of foot traffic and plenty of parking. The facilities are underutilized and could easily accommodate a synergistic business such as catering. The store and the kitchen equipment are all a little over a year old. The Super Supper franchiser estimates that the typical start-up costs vary from $200 K to $370 K. The ideal new owner is someone who is social, and has expertise in marketing. The current owner does not have enough time to devote to building the business; and would like to spend more time raising her children. To learn more about this business please go to www.bizex.net to register for a package or call John DeGolyer at 310-882-2200 ext 109 for details.


More Details

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DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.