Absentee-Owned Potato Franchise in LA Mall
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Background
| BizEx ID: | BizEx932-MS |
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| General Location: | Los Angeles, CA |
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| Category: |
Other Eating & Drinking Places
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| Years in Business: | 4 |
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| Under Present Owner: | 1.5 |
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| Hours of Operation: | 10-9 M-F, 10-8 Sat, 11-6 Sun |
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| Owner Hours: | absentee |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 2023 |
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| Lease Options: | |
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| Building Size: | 916 |
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| Employees: | 13 |
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| Reason for Sale: | Owners relocating to another country |
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Financials
| Asking Price: | $69,000 |
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| Down Payment: | $69,000 |
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| Gross Sales: | $491,588 |
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| Discretionary Cash Flow: | $59,053 |
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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: | $5,102 |
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| Payroll: | $5 |
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| Financing: | None |
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|
2016 |
| Gross Sales |
$ 491,588 |
| Gross Profit |
$ |
| Disc. Earnings |
$ 59,053 |
