BizEx393-MS: Ice Cream Franchise & Smoothie Store in High Visibility West LA Location
Background:
General Location:
Los Angeles, CA
Category:
Restaurants > Restaurant
Years in Business:
7
Under Present Owner:
1
Hours of Operation:
M-Sun 11 am- 9pm
Owner Hours:
Absentee
Training:
2 weeks,20 hours/week
Organization Type:
call
Lease Expiration:
2017
Lease Options:
call
Building Size:
1250 sqft
Employees:
8 PT
Reason for Sale:
Other Business Interests
Financials
Asking Price:
$69,000
Down Payment:
$69,000
Gross Sales:
$180,000
Discretionary Cash Flow:
$34,000
FF&E:
$
Inventory Included?
No
Inventory:
$ 3000
Minimum Operating Capital:
call
Real Estate Available?
No
Real Estate Asking Price:
N/A
Rent:
$ 3800 /month
Payroll:
$ 4800/month
Financing:
Call
2011
2010
Gross Sales
180000
174000
Gross Profit
Disc. Earnings
50000
call
* YTD as of , ** = Prorated.
Broker Info
Mina Singson
Business Broker
(310) 882-2200 ext 125
LIC# 01866495
Summary
Popular Ice Cream Franchise for only $69,000!!!! Very desirable location in West Los Angeles with high traffic and street frontage. Built 7 years ago and still going strong.
This ice cream franchise has been serving up the finest ice cream, cakes, smoothies and shakes for 20 years...and now also offering yogurt.
It ranks higher than its competitor in local and international rankings, according to Entreprener.com
As a franchisee, the owner benefits from any national advertising campaigns launched by the corporation. In addition, the franchises are provided with a wide range of point-of-sale advertising materials, ranging from posters to brochures . Franchisees also participate in nationwide promotional activities.
Absentee-run business with high potential for growth and expansion.
Sales price does not include Franchise transfer and document fees. This will be paid by buyer separately.
Good FICO Score and proof of income will be required from buyer.
Please contact Mina Singson now at 310-882-2200 x 125 or email:msingson@bizex.net for more information. For faster response, please complete Buyer's Profile and Confidentiality Agreement at www.bizex.net.
This opportunity will not last long in the market!!!
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.
