Owner-Absentee Potato Franchise in Shopping Mall

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Background

BizEx ID:BizEx932-MS
General Location:Los Angeles, CA
Category: Other Eating & Drinking Places

Years in Business:4
Under Present Owner:1.5
Hours of Operation:10-9 M-F, 10-8 Sat, 11-6 Sun
Owner Hours:absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2023
Lease Options:
Building Size:916
Employees:13
Reason for Sale:Owners relocating to another country

Financials

Asking Price:$69,000
Down Payment:$69,000
Gross Sales:$491,588
Discretionary Cash Flow:$59,053
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$5,102
Payroll:$5
Financing:None

2016
Gross Sales $ 491,588
Gross Profit $
Disc. Earnings $ 59,053

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