This listing is: Off Market
Background
| BizEx ID: | BizEx515-CG |
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| General Location: | West Hollywood, CA |
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| Category: |
Other Eating & Drinking Places
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| Years in Business: | 3.5 |
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| Under Present Owner: | 3.5 |
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| Hours of Operation: | Sun-Thurs 12-12,Fri\Sat 12-2AM |
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| Owner Hours: | 12-6PM, 6-12AM |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 12/13 |
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| Lease Options: | 3 year option |
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| Building Size: | 1,200 |
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| Employees: | 11 |
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| Reason for Sale: | New Venture |
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Financials
| Asking Price: | $999,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $737,822 |
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| Discretionary Cash Flow: | $284,910 |
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| FF&E: | $172,483 |
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| Inventory Included? | |
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| Inventory: | $16,000 |
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| Min. Operating Capital: | $25,000 |
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| Real Estate Available? | No |
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| Rent: | $7,300 |
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| Payroll: | $8 |
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| Financing: | Call |
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|
2009 | 2010 | 2011 |
| Gross Sales |
$ 729,858 | $ 863,070 | $ 737,822 |
| Gross Profit |
$ 500,012 | $ 613,224 | $ 530,181 |
| Disc. Earnings |
$ 227,086 | $ 385,164 | $ 284,910 |
