| PROFILE: Franchise Ice Cream Franchise With Affordable Rent |
| Status: |
Available |
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| State: |
California |
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| Location: |
Ventura County |
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| County: |
Ventura |
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| City: |
None Given |
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| Primary Category: |
Restaurant Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
127283 |
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| Seller Or Contact: |
Willard Michlin |
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| Primary Phone: |
805-529-9854 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
9/5/08 |
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| Date Ad Last Revised: |
9/5/08 |
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| Asking Price: |
$99,000 |
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| Down Payment: |
$99,000 |
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| Annual Revenue: |
$163,375 |
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| Annual Adjusted Net: |
$30,562.13 |
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| Franchise: |
Yes |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Yes |
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DESCRIPTION: This Location Has 9 Part Time Employees And An Owner Who Works Only 12 Hours A Week. The Payroll Is 940.00 Per Week For The Whole Staff. If The Owner Worked Full Time The Payroll Would Go Down 450.00 Per Week. Net Profit Above Is Based On Full Time Working Owner
Why Is The Business For Sale?
The Seller Has A Full Time High Paying Job Managing A Company. The Seller, Because He Does Not Have The Time To Devote To Building The Business Has Decided That He Must Cut His Losses And Sell. He Is Willing To Make A Deal And Sell At A Discounted Price Because He Has A Low Production Store. An Aggressive Buyer Can Raise The Sales, Profit And Value Of The Store. Catering Business Has Been Refused By The Owner For Fear That The Staff Might Not Handle It Correctly. This Is Lost Income
The Location Is 1,240 SF In A Shopping Center Just Off The 101 Freeway. With A Very Affordable Rent Of 2,100 Plus A Monthly Cam Of Only 267.00 |
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