Dessert & Ice Cream Franchise on Busy Corner

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Background

BizEx ID:BizEx557-MS
General Location:Monrovia, CA
Category: Other Eating & Drinking Places
Restaurants
Years in Business:8
Under Present Owner:4
Hours of Operation:7 days, 12:00 pm - 10:00 pm
Owner Hours:call
Training:4 weeks @ 10 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:1100
Employees:0
Reason for Sale:Owner relocating

Financials

Asking Price:$39,000
Down Payment:Negotiable
Gross Sales:$172,000
Discretionary Cash Flow:$24,000
FF&E:$50,000
Inventory Included?
Inventory:$5,000
Min. Operating Capital:
Real Estate Available?No
Rent:$4,004
Financing:Call

2011 Sept 2012
Gross Sales $ 172,000 $ 147,636
Gross Profit $ 127,712 $ 111,864
Disc. Earnings $ 24,000 $ 22,000

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