Best Beach Franchise Ice Cream & Yogurt Biz

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Background

BizEx ID:BizEx602-MS
General Location:Los Angeles, CA
Category: Other Eating & Drinking Places

Years in Business:10
Under Present Owner:2
Hours of Operation:Mon-Sun 11 am-9 pm
Owner Hours:Absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2016
Lease Options:1 @ 5 Years
Building Size:1400
Employees:6
Reason for Sale:Owner Moving Out of State

Financials

Asking Price:$389,000
Down Payment:$389,000
Gross Sales:$423,000
Discretionary Cash Flow:$113,000
FF&E:
Inventory Included?
Inventory:$5,000
Min. Operating Capital:
Real Estate Available?No
Rent:$8,425
Payroll:$5,212
Financing:None

2011 2012
Gross Sales $ 393,000 $ 423,000
Gross Profit $ 288,600 $ 317,975
Disc. Earnings $ 82,000 $ 113,000




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