Famous Nationwide Ice Cream Franchise Near $$$ Neighborhood
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Background
| BizEx ID: | BizEx352-MS |
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| General Location: | South Bay, CA |
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| Category: |
Restaurant
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| Years in Business: | 7.5 |
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| Under Present Owner: | 5 |
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| Hours of Operation: | M-F 11 am- 9:30 pm |
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| Owner Hours: | Absentee |
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| Training: | 4 weeks @ 10 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: | 1,350 |
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| Employees: | 8 |
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| Reason for Sale: | Other Business Interests |
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Financials
| Asking Price: | $124,000 |
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| Down Payment: | $62,500 |
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| Gross Sales: | $220,500 |
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| Discretionary Cash Flow: | $45,500 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $3,620 |
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| Payroll: | $4 |
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| Financing: | Call |
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|
2010 |
| Gross Sales |
$ 220,500 |
| Gross Profit |
$ 159,600 |
| Disc. Earnings |
$ 45,500 |
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
