Profitable easy operating Ice-cream shop, Montgomery County MD

Rockville, MD (Montgomery County)

Seller Financing Available
Profitable easy operating Ice-cream shop, Montgomery County MD
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Asking Price: Get Financing: $260,000

Cash Flow: $142,000

Gross Revenue: $429,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2013

Profitable easy operating Ice-cream shop, Montgomery County MD

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Business Description

Rent 5,568. Lease: Approx, 4 years plus 5 years option.
Good income. Simple easy operating at good Neighborhood.
Owners work only 6 hours day, 5 days week.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
16 PT
Facilities:
Sales (Approx,) Sales year---------------------------------------------------429,441.55 Sales week------------------------------------------------- 8,258.50 Sales month---------------------------------------------- 35,786.80 Price:260,000. Lease:4years plus 5 years option. Employees: 16 PT plus 2 owners works 6hrs day for 5days week. Monthly expenses ( Approx, ) Royalty & fees----------------------------------- 3,118.99 Rent---------------------------------------------------5,568.38 Sales tax--------------------------------------------- 1,970.07 Electric----------------------------------------------- 952.80 Gas ------------------------------------------------ 37.38 Water------------------------------------------------ 114.63 Phone------------------------------------------------ 73. Employ Payroll—--------------------------------- 3,512.63. Card fee--------------------------------------------- 608.72 Payroll tax---------------------------------------- 656. (7,867. Yr) Payroll service & Cpa---------------------------- 158.34 Insurance & worker’s comp------------------- 214. Online cake fees (Visa+Amex)---------------- 66.67 Maintenance---------------------------------------- 45.84 Supplies----------------------------------------------- 6.34 Gift card store charges--------------------------- 197.45 MD property & fees-------------------------------- 80.59 Fire code Ent----------------------------------------- 3.34 Food license renewal------------------------------- 10.59 Cost of good------------------------------------------ 6,367. SUTA----------------------------------------------------- 140.62 FUTA--------------------------------------------------- 30.94 Total monthly expenses----------------------------- 23,934.32 *Monthly net income-------------------------------- 11,852.42 **This is with numbers given by seller and it can change some times.
Financing:
SBA Available
Support & Training:
2weeks
Reason for Selling:
Other intrest
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(from currently available funds)
 
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Laura Park

Business Listed By:
Laura Park

World Business & Realty Group

Show Phone Number

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