Premium Ice Cream Franchise- Owner Absentee
Home
/ Listing / Premium Ice Cream Franchise- Owner Absentee
Sold
Background
| BizEx ID: | BizEx692-MS |
|---|
| General Location: | Orange, CA |
|---|
| Category: |
Other Eating & Drinking Places
|
|---|
| Years in Business: | 3 |
|---|
| Under Present Owner: | 3 |
|---|
| Hours of Operation: | Mon-Sun 12:9:30 pm |
|---|
| Owner Hours: | Owner-Absentee |
|---|
| Training: | 2 weeks @ 20 hours |
|---|
| Organization Type: | |
|---|
| Lease Expiration: | Oct 2015 |
|---|
| Lease Options: | 2 at 5 Years each |
|---|
| Building Size: | |
|---|
| Employees: | 10 |
|---|
| Reason for Sale: | Lack to Time to Manage Multiple Businesses |
|---|
Financials
| Asking Price: | $124,000 |
|---|
| Down Payment: | Negotiable |
|---|
| Gross Sales: | $316,800 |
|---|
| Discretionary Cash Flow: | $64,700 |
|---|
| FF&E: | |
|---|
| Inventory Included? | |
|---|
| Inventory: | |
|---|
| Min. Operating Capital: | |
|---|
| Real Estate Available? | No |
|---|
| Rent: | $3,449 |
|---|
| Payroll: | $2 |
|---|
| Financing: | Call |
|---|
|
2012 | 2013 |
| Gross Sales |
$ 282,220 | $ 304,000 |
| Gross Profit |
$ 216,620 | $ 247,006 |
| Disc. Earnings |
$ 40,155 | $ 64,700 |
