Hollywood Restaurant Near Bars & Clubs - Prime Location
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This listing is: Off Market
Background
| BizEx ID: | BizEx565-MS |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Restaurant Restaurants |
| Years in Business: | 15 |
| Under Present Owner: | 2 |
| Hours of Operation: | Sun-Thurs 8:30 am-10pm, Fri-Sat 8:30 -11 pm |
| Owner Hours: | Full Time |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 2020 |
| Lease Options: | |
| Building Size: | 1800 |
| Employees: | 6 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $225,000 |
|---|---|
| Down Payment: | $130,000 |
| Gross Sales: | $380,000 |
| Discretionary Cash Flow: | Call |
| FF&E: | |
| Inventory Included? | |
| Inventory: | TBD |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $8,000 |
| Financing: | Call |
| 2011 | |
|---|---|
| Gross Sales | $ 380,000 |
| Gross Profit | $ 294,000 |
| Disc. Earnings | $ 130,000 |
