Premium Ice Cream Franchise- Owner Absentee

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Background

BizEx ID:BizEx692-MS
General Location:Orange, CA
Category: Other Eating & Drinking Places

Years in Business:3
Under Present Owner:3
Hours of Operation:Mon-Sun 12:9:30 pm
Owner Hours:Owner-Absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:Oct 2015
Lease Options:2 at 5 Years each
Building Size:
Employees:10
Reason for Sale:Lack to Time to Manage Multiple Businesses

Financials

Asking Price:$124,000
Down Payment:Negotiable
Gross Sales:$316,800
Discretionary Cash Flow:$64,700
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,449
Payroll:$2
Financing:Call

2012 2013
Gross Sales $ 282,220 $ 304,000
Gross Profit $ 216,620 $ 247,006
Disc. Earnings $ 40,155 $ 64,700




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

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations