Profitable Owner-Absentee Franchise Ice Cream

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BizEx ID:BizEx965-MS
General Location:Los Angeles, CA
Category: Other Eating & Drinking Places

Years in Business:12 years
Under Present Owner:8 years
Hours of Operation:M-Sun 11 am to 10 pm
Owner Hours:15 hrs/week or less
Training:1 weeks @ 20 hours
Organization Type:
Lease Expiration:2018
Lease Options:1 @ 5 years
Building Size:965
Reason for Sale:Moving out of state


Asking Price:$470,000
Down Payment:$470,000
Gross Sales:$540,000
Discretionary Cash Flow:$154,000
Inventory Included?
Min. Operating Capital:
Real Estate Available?No

2014 2015
Gross Sales $ 556,000 $ 540,000
Gross Profit $ 435,000 $ 427,000
Disc. Earnings $ 157,000 $ 154,000

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

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