Santa Monica Ice Cream/Yogurt Franchise
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Background
| BizEx ID: | BizEx754-MS |
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| General Location: | Los Angeles, CA |
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| Category: |
Other Eating & Drinking Places
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| Years in Business: | 10 |
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| Under Present Owner: | 6 |
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| Hours of Operation: | M-Sun 11:30 am- 10 pm |
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| Owner Hours: | n/a |
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| Training: | 2 weeks @ 2 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: | |
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| Employees: | 7 |
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| Reason for Sale: | Partnership Issues |
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Financials
| Asking Price: | $109,900 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $331,561 |
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| Discretionary Cash Flow: | $52,014 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | $7,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $6,763 |
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| Payroll: | $4 |
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| Financing: | Call |
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|
2012 | 2013 |
| Gross Sales |
$ 317,144 | $ 315,886 |
| Gross Profit |
$ 241,288 | $ 241,684 |
| Disc. Earnings |
$ 48,898 | $ 54,962 |
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
