This listing is: Off Market
Background
| BizEx ID: | BizEx518-SM |
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| General Location: | Santa Monica, CA |
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| Category: |
Restaurant
Restaurants
|
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| Years in Business: | 5 months |
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| Under Present Owner: | 5 months |
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| Hours of Operation: | 11-8 pm- Closed Mondays |
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| Owner Hours: | 60+/- |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | |
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| Lease Options: | |
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| Building Size: | 1,000 |
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| Employees: | 7 |
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| Reason for Sale: | Cash flow - took two years to get permits |
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Financials
| Asking Price: | $135,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $265,320 |
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| Discretionary Cash Flow: | $34,661 |
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| FF&E: | $40,000 |
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| Inventory Included? | |
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| Inventory: | $3,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $3,000 |
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| Payroll: | $5 |
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| Financing: | Call |
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|
2012 Projected** | Jan-Jun 2012* | June 2012 - Sales |
| Gross Sales |
$ 223,156 | $ 111,578 | $ 23,922 |
| Gross Profit |
$ 146,952 | $ 73,476 | $ |
| Disc. Earnings |
$ 57,612 | $ 21,306 | $ |
