Mexican Restaurant with Beer & Wine License

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Background

BizEx ID:BizEx469-SM
General Location:North Hollywood, CA
Category: Restaurant
Restaurants
Years in Business:
Under Present Owner:1
Hours of Operation:11 am - 10 pm
Owner Hours:
Training:None
Organization Type:
Lease Expiration:
Lease Options:
Building Size:2,500
Employees:2
Reason for Sale:Moved to Arizona

Financials

Asking Price:$75,000
Down Payment:Negotiable
Gross Sales:$240,000
Discretionary Cash Flow:$52,000
FF&E:$60,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,000
Payroll:$1
Financing:Call

2011
Gross Sales $ 180,000
Gross Profit $ 140,000
Disc. Earnings $ 52,800




Shelli Margolin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct: 310-882-2200 x128
Lic#: 00902695

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