This listing is: Off Market
Background
| BizEx ID: | BizEx331-MS |
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| General Location: | Los Angeles, CA |
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| Category: |
Restaurant
|
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| Years in Business: | 5.5 |
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| Under Present Owner: | 3.5 |
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| Hours of Operation: | M-Sun |
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| Owner Hours: | Tues-Fri 5-7 pm; Sat 9-5 |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 2015 |
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| Lease Options: | |
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| Building Size: | |
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| Employees: | 5 |
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| Reason for Sale: | Owner has to travel a lot |
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Financials
| Asking Price: | $99,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $252,000 |
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| Discretionary Cash Flow: | $40,000 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $6,833 |
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| Payroll: | $3 |
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| Financing: | Call |
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|
2010 | 2011 |
| Gross Sales |
$ 246,000 | $ 252,000 |
| Gross Profit |
$ 197,200 | $ 198,000 |
| Disc. Earnings |
$ 45,500 | $ 50,000 |
