Prime Beach Ice Cream & Dessert Shop in Manhattan Beach
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Background
| BizEx ID: | BizEx445-MS |
|---|---|
| General Location: | Manhattan Beach, CA |
| Category: |
Restaurant Restaurants |
| Years in Business: | 6 |
| Under Present Owner: | 6 |
| Hours of Operation: | Sun-Thurs 11 am-10 pm; F-Sat 11 am-11 pm |
| Owner Hours: | Part-time |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | |
| Lease Options: | 1 @ 5 Years |
| Building Size: | 1,400 |
| Employees: | 11 |
| Reason for Sale: | Other Business Interest |
Financials
| Asking Price: | $98,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $299,000 |
| Discretionary Cash Flow: | $42,000 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | $3,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $7,000 |
| Payroll: | $4 |
| Financing: | Call |
| 2010 | 2011 | |
|---|---|---|
| Gross Sales | $ 284,000 | $ 299,000 |
| Gross Profit | $ 185,000 | $ 197,000 |
| Disc. Earnings | $ 33,000 | $ 42,000 |
