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 |
