Santa Monica Ice Cream/Yogurt Franchise

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This listing is: Off Market

Background

BizEx ID:BizEx754-MS
General Location:Los Angeles, CA
Category: Other Eating & Drinking Places

Years in Business:10
Under Present Owner:6
Hours of Operation:M-Sun 11:30 am- 10 pm
Owner Hours:n/a
Training:2 weeks @ 2 hours
Organization Type:
Lease Expiration:
Lease Options:1 @ 5 years
Building Size:
Employees:7
Reason for Sale:Partnership Issues

Financials

Asking Price:$109,900
Down Payment:Negotiable
Gross Sales:$331,561
Discretionary Cash Flow:$52,014
FF&E:
Inventory Included?
Inventory:$7,000
Min. Operating Capital:
Real Estate Available?No
Rent:$6,763
Payroll:$4
Financing:Call

2012 2013
Gross Sales $ 317,144 $ 315,886
Gross Profit $ 241,288 $ 241,684
Disc. Earnings $ 48,898 $ 54,962

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