Iconic Los Angeles Fast-food Business

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Background

BizEx ID:BizEx788-MS
General Location:Los Angeles, CA
Category: Restaurant
Other Eating & Drinking Places
Years in Business:61
Under Present Owner:38
Hours of Operation:M-Sun, 24 hours
Owner Hours:60 hours
Training:None
Organization Type:
Lease Expiration:2022
Lease Options:
Building Size:855
Employees:2
Reason for Sale:Retirement

Financials

Asking Price:Accepting Offers
Down Payment:Negotiable
Gross Sales:$1,776,906
Discretionary Cash Flow:$638,600
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,800
Financing:None
2011 2012 2013
Gross Sales $ 1,364,334 $ 1,487,140 $ 1,776,906
Gross Profit $ 715,396 $ 920,180 $ 1,181,014
Disc. Earnings $ 354,100 $ 422,850 $ 638,600
Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations