Famous Nationwide Ice Cream Franchise Near $$$ Neighborhood

Home / Listing / Famous Nationwide Ice Cream Franchise Near $$$ Neighborhood

This listing is: Off Market

Background

BizEx ID:BizEx352-MS
General Location:South Bay, CA
Category: Restaurant

Years in Business:7.5
Under Present Owner:5
Hours of Operation:M-F 11 am- 9:30 pm
Owner Hours:Absentee
Training:4 weeks @ 10 hours
Organization Type:
Lease Expiration:
Lease Options:1 @ 5 Years
Building Size:1,350
Employees:8
Reason for Sale:Other Business Interests

Financials

Asking Price:$124,000
Down Payment:$62,500
Gross Sales:$220,500
Discretionary Cash Flow:$45,500
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,620
Payroll:$4
Financing:Call

2010
Gross Sales $ 220,500
Gross Profit $ 159,600
Disc. Earnings $ 45,500

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