Profitable Italian Ice Cream Store - Beach City

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Background

BizEx ID:BizEx893-MS
General Location:Los Angeles, CA
Category: Restaurant

Years in Business:3
Under Present Owner:3
Hours of Operation:Mon-Sun
Owner Hours:varies
Training:2 weeks @ 10 hours
Organization Type:
Lease Expiration:
Lease Options:5 years
Building Size:1,079
Employees:3
Reason for Sale:Business expansion

Financials

Asking Price:$65,000
Down Payment:$65,000
Gross Sales:$211,000
Discretionary Cash Flow:$51,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$6,300
Payroll:$18
Financing:None

2015
Gross Sales $ 220,000
Gross Profit $ 165,000
Disc. Earnings $ 51,000




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

OFF MARKET

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