Growing Ice Cream Franchise, Yogurt Biz

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Background

BizEx ID:BizEx476-MS
General Location:San Pedro, CA
Category: Other Eating & Drinking Places
Restaurants
Years in Business:9
Under Present Owner:3
Hours of Operation:Sun-Thurs 11 am-10 pm;F-Sat 11 am-10:30 pm
Owner Hours:10 hrs/week
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:July 2012
Lease Options:1 @ 5 Years
Building Size:100
Employees:6
Reason for Sale:Family Reasons

Financials

Asking Price:$74,000
Down Payment:Negotiable
Gross Sales:$244,000
Discretionary Cash Flow:$43,000
FF&E:
Inventory Included?
Inventory:$3,000
Min. Operating Capital:
Real Estate Available?No
Rent:$4,050
Payroll:$4
Financing:Call

2011 2012
Gross Sales $ 220,000 $ 244,000
Gross Profit $ 167,000 $ 186,281
Disc. Earnings $ 30,000 $ 43,000




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

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations