Premium Ice Cream Franchise - Absentee Owner
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Background
| BizEx ID: | BizEx692-MS |
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| General Location: | Orange, CA |
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| Category: |
Other Eating & Drinking Places
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| Years in Business: | 3 |
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| Under Present Owner: | 3 |
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| Hours of Operation: | Mon-Sun 12:9:30 pm |
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| Owner Hours: | Owner-Absentee |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | Oct 2015 |
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| Lease Options: | 2 at 5 Years each |
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| Building Size: | |
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| Employees: | 10 |
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| Reason for Sale: | Lack to Time to Manage Multiple Businesses |
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Financials
| Asking Price: | $124,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $316,800 |
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| Discretionary Cash Flow: | $64,700 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $3,449 |
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| Payroll: | $2 |
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| Financing: | Call |
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|
2012 | 2013 |
| Gross Sales |
$ 282,220 | $ 304,000 |
| Gross Profit |
$ 216,620 | $ 247,006 |
| Disc. Earnings |
$ 40,155 | $ 64,700 |
