Famous Ice Cream Franchise at Sought After Location
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Background
BizEx ID: | BizEx295-MS |
General Location: | Studio City, CA |
Category: |
Other Eating & Drinking Places
|
Years in Business: | 10 |
Under Present Owner: | 5 |
Hours of Operation: | M-Sun 10:30 am - 10:30 pm |
Owner Hours: | Absentee |
Training: | 2 weeks @ 20 hours |
Organization Type: | |
Lease Expiration: | May 2012 |
Lease Options: | |
Building Size: | |
Employees: | 6 |
Reason for Sale: | Seller moving out of state |
Financials
Asking Price: | $30,000 |
Down Payment: | $30,000 |
Gross Sales: | $204,000 |
Discretionary Cash Flow: | $19,000 |
FF&E: | $150,000 |
Inventory Included? | |
Inventory: | $4,000 |
Min. Operating Capital: | |
Real Estate Available? | No |
Rent: | $4,388 |
Payroll: | $5 |
---|
Financing: | None |
|
2009 |
Gross Sales |
$ 204,000 |
Gross Profit |
$ 187,000 |
Disc. Earnings |
$ 19,000 |