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Famous Ice Cream Franchise at Sought After Location

BizEx295-MS

Background

General Location:Studio City, CA
Category: Other Eating & Drinking Places
Franchise
Years in Business:10
Under Present Owner:5
Hours of Operation:M-Sun 10:30 am - 10:30 pm
Owner Hours:Absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:May 2012
Lease Options:
Building Size:
Employees:6
Reason for Sale:Seller moving out of state

Financials

Asking Price:$30,000
Down Payment:$30,000
Gross Sales:$204,000
Discretionary Cash Flow:$19,000
FF&E:$150,000
Inventory Included?
Inventory:$4,000
Min. Operating Capital:
Real Estate Available?No
Rent:$4,388
Payroll:$5
Financing:None

2009
Gross Sales $ 204,000
Gross Profit $ 187,000
Disc. Earnings $ 19,000

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