Business for Sale

Hot! Hot! Best Beach Location Ice Cream Franchise

BizEx305-MS

Background

General Location:Hermosa Beach, CA
Category: Other Eating & Drinking Places
Franchise
Years in Business:9
Under Present Owner:5
Hours of Operation:M-Sun 11:00 am-10:00 pm
Owner Hours:M,W,F, Sat 11:00 am-6:00 pm
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:6/11
Lease Options:5 Years
Building Size:1200
Employees:5
Reason for Sale:Medical Emergency

Financials

Asking Price:$75,000
Down Payment:$75,000
Gross Sales:$308,000
Discretionary Cash Flow:$57,000
FF&E:$150,000
Inventory Included?
Inventory:$3,000
Min. Operating Capital:
Real Estate Available?No
Rent:$8,419
Payroll:$2,000
Financing:Call

2009
Gross Sales $ 308,000
Gross Profit $ 130,000
Disc. Earnings $ 57,000

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