Owner-Absentee Ice Cream Franchise by Beach

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Background

BizEx ID:BizEx956-MS
General Location:Los Angeles, CA
Category: Other Eating & Drinking Places

Years in Business:15
Under Present Owner:6
Hours of Operation:M-Sun 11 am - 10 pm
Owner Hours:none
Training:None
Organization Type:
Lease Expiration:
Lease Options:1 at (5) years
Building Size:1,100
Employees:10
Reason for Sale:Focusing on other businesses

Financials

Asking Price:$425,000
Down Payment:Negotiable
Gross Sales:$553,023
Discretionary Cash Flow:$133,700
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$9,800
Payroll:$8
Financing:SBA

2013 2014 2015
Gross Sales $ 429,519 $ 521,496 $ 553,023
Gross Profit $ 320,531 $ 388,279 $ 414,168
Disc. Earnings $ 77,286 $ 128,846 $ 133,748

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