Business for Sale

Owner-Absentee Potato Franchise in Shopping Mall

BizEx932-MS

Background

General Location:Los Angeles, CA
Category: Other Eating & Drinking Places
Franchise
Years in Business:4
Under Present Owner:1.5
Hours of Operation:10-9 M-F, 10-8 Sat, 11-6 Sun
Owner Hours:absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2023
Lease Options:
Building Size:916
Employees:13
Reason for Sale:Owners relocating to another country

Financials

Asking Price:$69,000
Down Payment:$69,000
Gross Sales:$491,588
Discretionary Cash Flow:$59,053
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$5,102
Payroll:$5
Financing:None

2016
Gross Sales $ 491,588
Gross Profit $
Disc. Earnings $ 59,053

Description

Priced to Sell fast!! Only $69,000, plus franchise transfer fee. This business is owner-absentee run and profitable.

Seller has health issue and will be moving out of state with the family.

Easy to manage franchise in a busy shopping mall. Business has reliable employees. 

Sales are growing consistently. The owner has 2 food brands in the same location, sharing rent, utilities and overhead expenses. Both successful food brands will be sold together as a package. What an amazing deal!

Ideally located in one of the busiest high-end malls in Southern California, with over 170 retail shops and many popular restaurants. The mall food court is heavily visited by shoppers every day.

Top of the line equipment and build-out. Kitchen has ventilation system (hood), fryers, grill, freezer, refrigerator, etc. The owners are relocating to another country with the family.

Make an offer and take over this profitable turn-key business right away.

Please contact Mina Singson-Brightman (Franchise Business Broker) at 310-882-2200 ext 125 or msingson@bizex.net for more information. For quicker response, register and complete the Confidentiality Agreement at www.bizex.net





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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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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