Profitable Thai Restaurant in LA - Easy to Operate
Home / Listing / Profitable Thai Restaurant in LA - Easy to Operate
This listing is: Off Market
Background
| BizEx ID: | BizEx517-SM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Restaurant Restaurants |
| Years in Business: | 16 |
| Under Present Owner: | 16 |
| Hours of Operation: | 11am - 7:30 pm - Closed Mondays |
| Owner Hours: | 40+ |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | May 2017 |
| Lease Options: | Option to come with renewal of Rite Aid Lease |
| Building Size: | 3,000 |
| Employees: | 8 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $190,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $382,280 |
| Discretionary Cash Flow: | $171,486 |
| FF&E: | $70,000 |
| Inventory Included? | |
| Inventory: | $5,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,175 |
| Payroll: | $5 |
| Financing: | Call |
| 2012 | 2011 | |
|---|---|---|
| Gross Sales | $ 384,992 | $ 509,732 |
| Gross Profit | $ 290,601 | $ 382,280 |
| Disc. Earnings | $ 171,486 | $ 241,986 |
