This listing is: Off Market
Background
| BizEx ID: | BizEx640-MS |
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| General Location: | San Pedro, CA |
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| Category: |
Restaurants
|
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| Years in Business: | 10 |
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| Under Present Owner: | 4 |
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| Hours of Operation: | Sun-Thurs 11 am-10 pm;F-Sat 11 am-10:30 pm |
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| Owner Hours: | 10 hrs/week |
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| Training: | 2 weeks @ 10 hours |
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| Organization Type: | |
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| Lease Expiration: | 2018 |
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| Lease Options: | 1 @ 5 Years |
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| Building Size: | 1000 |
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| Employees: | 6 |
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| Reason for Sale: | Family Issues |
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Financials
| Asking Price: | $68,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $244,000 |
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| Discretionary Cash Flow: | $43,000 |
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| FF&E: | $70,000 |
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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: | $4,050 |
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| Payroll: | $4,520 |
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| Financing: | Call |
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|
2011 | 2012 |
| Gross Sales |
$ 220,000 | $ 244,000 |
| Gross Profit |
$ 167,000 | $ 186,281 |
| Disc. Earnings |
$ 30,000 | $ 43,000 |
