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Owner-Absentee Ice Cream Franchise by Beach

BizEx956-MS

Background

General Location:Los Angeles, CA
Category: Other Eating & Drinking Places
Franchise
Years in Business:15
Under Present Owner:6
Hours of Operation:M-Sun 11 am - 10 pm
Owner Hours:none
Training:None
Organization Type:
Lease Expiration:
Lease Options:1 at (5) years
Building Size:1,100
Employees:10
Reason for Sale:Focusing on other businesses

Financials

Asking Price:$425,000
Down Payment:Negotiable
Gross Sales:$553,023
Discretionary Cash Flow:$133,700
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$9,800
Payroll:$8
Financing:SBA

2013 2014 2015
Gross Sales $ 429,519 $ 521,496 $ 553,023
Gross Profit $ 320,531 $ 388,279 $ 414,168
Disc. Earnings $ 77,286 $ 128,846 $ 133,748

Return to Listings





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