Owner Absentee Franch. Yogurt Biz Seller Motivated

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This listing is: Off Market

Background

BizEx ID:BizEx807-MS
General Location:Canoga Park, CA
Category: Other Eating & Drinking Places

Years in Business:4 years
Under Present Owner:2 years
Hours of Operation:Mon-Sun 1 pm-11pm
Owner Hours:n/a
Training:2 weeks @ 12 hours
Organization Type:
Lease Expiration:
Lease Options:1 @ 5 years
Building Size:
Employees:4
Reason for Sale:Owner moving to another country

Financials

Asking Price:$69,000
Down Payment:Negotiable
Gross Sales:$84,000
Discretionary Cash Flow:$32,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$2,500
Payroll:$2,000
Financing:Call

2012 2013
Gross Sales $ 72,478 $ 84,000
Gross Profit $ 63,232 $ 72,800
Disc. Earnings $ 18,540 $ 32,000

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