Business for Sale

Profitable Owner-Absentee Franchise Ice Cream

BizEx965-MS

Background

General Location:Los Angeles, CA
Category: Other Eating & Drinking Places
Franchise
Years in Business:12 years
Under Present Owner:8 years
Hours of Operation:M-Sun 11 am to 10 pm
Owner Hours:15 hrs/week or less
Training:1 weeks @ 20 hours
Organization Type:
Lease Expiration:2018
Lease Options:1 @ 5 years
Building Size:965
Employees:12
Reason for Sale:Moving out of state

Financials

Asking Price:$470,000
Down Payment:$470,000
Gross Sales:$540,000
Discretionary Cash Flow:$154,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$5,244
Payroll:$8
Financing:SBA

2014 2015
Gross Sales $ 556,000 $ 540,000
Gross Profit $ 435,000 $ 427,000
Disc. Earnings $ 157,000 $ 154,000

Return to Listings





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