Growing Franchise Ice Cream & Yogurt Biz

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This listing is: Off Market

Background

BizEx ID:BizEx640-MS
General Location:San Pedro, CA
Category:
Restaurants
Years in Business:10
Under Present Owner:4
Hours of Operation:Sun-Thurs 11 am-10 pm;F-Sat 11 am-10:30 pm
Owner Hours:10 hrs/week
Training:2 weeks @ 10 hours
Organization Type:
Lease Expiration:2018
Lease Options:1 @ 5 Years
Building Size:1000
Employees:6
Reason for Sale:Family Issues

Financials

Asking Price:$68,000
Down Payment:Negotiable
Gross Sales:$244,000
Discretionary Cash Flow:$43,000
FF&E:$70,000
Inventory Included?
Inventory:$3,000
Min. Operating Capital:
Real Estate Available?No
Rent:$4,050
Payroll:$4,520
Financing:Call

2011 2012
Gross Sales $ 220,000 $ 244,000
Gross Profit $ 167,000 $ 186,281
Disc. Earnings $ 30,000 $ 43,000

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