Famous Ice Cream Franchise in West Los Angeles

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Background

BizEx ID:BizEx275-MS
General Location:Los Angeles, CA
Category: Other Eating & Drinking Places

Years in Business:6
Under Present Owner:6
Hours of Operation:Mon-Sun 11 am -9 pm
Owner Hours:Absentee Run
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:1,250
Employees:10
Reason for Sale:Family Issues

Financials

Asking Price:$25,000
Down Payment:$25,000
Gross Sales:$200,000
Discretionary Cash Flow:$11,000
FF&E:$150,000
Inventory Included?
Inventory:$2,500
Min. Operating Capital:
Real Estate Available?No
Rent:$4,150
Payroll:$4
Financing:None
2009
Gross Sales $ 200,000
Gross Profit $ 165,000
Disc. Earnings $ 11,000
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