Growing Ice Cream & Yogurt Franchise in San Pedro
Home / Listing / Growing Ice Cream & Yogurt Franchise in San Pedro
This listing is: Off Market
Background
| BizEx ID: | BizEx476-MS |
|---|---|
| General Location: | San Pedro, CA |
| Category: |
Other Eating & Drinking Places Restaurants |
| Years in Business: | 9 |
| Under Present Owner: | 3 |
| Hours of Operation: | Sun-Thurs 11 am-10 pm;F-Sat 11 am-10:30 pm |
| Owner Hours: | 10 hrs/week |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | July 2012 |
| Lease Options: | 1 @ 5 Years |
| Building Size: | 100 |
| Employees: | 6 |
| Reason for Sale: | Family Reasons |
Financials
| Asking Price: | $74,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $244,000 |
| Discretionary Cash Flow: | $43,000 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | $3,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $4,050 |
| Payroll: | $4 |
| Financing: | Call |
| 2011 | 2012 | |
|---|---|---|
| Gross Sales | $ 220,000 | $ 244,000 |
| Gross Profit | $ 167,000 | $ 186,281 |
| Disc. Earnings | $ 30,000 | $ 43,000 |
