Profitable Italian Ice Cream Store - Beach City
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Background
| BizEx ID: | BizEx893-MS |
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| General Location: | Los Angeles, CA |
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| Category: |
Restaurant
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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 |
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| Owner Hours: | varies |
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| Training: | 2 weeks @ 10 hours |
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| Organization Type: | |
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| Lease Expiration: | |
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| Lease Options: | 5 years |
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| Building Size: | 1,079 |
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| Employees: | 3 |
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| Reason for Sale: | Business expansion |
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Financials
| Asking Price: | $65,000 |
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| Down Payment: | $65,000 |
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| Gross Sales: | $211,000 |
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| Discretionary Cash Flow: | $51,000 |
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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: | $6,300 |
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| Payroll: | $18 |
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| Financing: | None |
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|
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
