Affordable National Brand Franchise Ice Cream Biz

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Background

BizEx ID:BizEx691-MS
General Location:City of Industry, CA
Category: Other Eating & Drinking Places

Years in Business:3.5
Under Present Owner:3.5
Hours of Operation:M-Sun 12 -9 pm
Owner Hours:owner-absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:March 2015
Lease Options:1 @ 5 years
Building Size:
Employees:10
Reason for Sale:Have other businesses

Financials

Asking Price:$39,000
Down Payment:$39,000
Gross Sales:$228,000
Discretionary Cash Flow:$16,300
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,069
Payroll:$2
Financing:None

2013
Gross Sales $ 228,000
Gross Profit $ 172,610
Disc. Earnings $ 16,300




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