Top Ice Cream Franchise in Busy Shopping Center
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Background
| BizEx ID: | BizEx336-MS |
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| General Location: | Los Angeles, CA |
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| Category: |
Restaurant
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| Years in Business: | 5 |
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| Under Present Owner: | 5 |
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| Hours of Operation: | M-F 11 am - 10 pm |
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| Owner Hours: | |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | |
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| Lease Options: | 1 @ 5 Years |
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| Building Size: | 1,500 |
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| Employees: | 10 |
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| Reason for Sale: | Other Business Interests |
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Financials
| Asking Price: | $32,000 |
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| Down Payment: | $32,000 |
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| Gross Sales: | $257,000 |
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| Discretionary Cash Flow: | $10,000 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $5,250 |
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| Payroll: | $4 |
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| Financing: | Call |
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|
2009 | 2010 |
| Gross Sales |
$ 269,000 | $ 257,000 |
| Gross Profit |
$ 160,813 | $ 150,000 |
| Disc. Earnings |
$ 48,000 | $ 10,000 |
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
OFF MARKET
