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