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 |
