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Beach Location Ice Cream Franchise

BizEx293-MS

Background

General Location:Marina del Rey, CA
Category: Franchise
Years in Business:6
Under Present Owner:6
Hours of Operation:M-Sun 11 am-10 pm
Owner Hours:Absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:1 at 5 years
Building Size:1,000
Employees:6
Reason for Sale:Family Issues

Financials

Asking Price:$125,000
Down Payment:$125,000
Gross Sales:$376,000
Discretionary Cash Flow:$90,000
FF&E:$150,000
Inventory Included?
Inventory:$3,000
Min. Operating Capital:
Real Estate Available?No
Rent:$6,960
Payroll:$4
Financing:None

2008 2009
Gross Sales $ 373,000 $ 376,000
Gross Profit $ 272,000 $ 292,000
Disc. Earnings $ 82,000 $ 90,000

Return to Listings





Mina Singson-Brightman
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495