Ice Cream & Yogurt Franchise in Busy Shopping Ctr

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Background

BizEx ID:BizEx556-MS
General Location:Van Nuys, CA
Category: Other Eating & Drinking Places
Restaurants
Years in Business:8
Under Present Owner:4
Hours of Operation:7 days 11:30 am - 10:00 pm
Owner Hours:call
Training:4 weeks @ 10 hours
Organization Type:
Lease Expiration:2015
Lease Options:3 @ 5 Years
Building Size:1,200
Employees:0
Reason for Sale:Owner relocation

Financials

Asking Price:$67,000
Down Payment:Negotiable
Gross Sales:$211,000
Discretionary Cash Flow:$52,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,805
Payroll:$58,941
Financing:Call

2011 Sept 2012
Gross Sales $ 211,000 $ 207,121
Gross Profit $ 152,000 $ 157,015
Disc. Earnings $ 27,000 $ 52,000

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