Sold
Background
| BizEx ID: | BizEx845-KF |
|---|---|
| General Location: | Torrance, CA |
| Category: |
Restaurant Bars/Taverns |
| Years in Business: | 4 |
| Under Present Owner: | 4 |
| Hours of Operation: | Tues-Thurs 11-8 Fri 11-9 Sat 12-8 |
| Owner Hours: | Full time |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 5/14/16 |
| Lease Options: | |
| Building Size: | 1,500 |
| Employees: | 5 |
| Reason for Sale: | Moving out of state |
Financials
| Asking Price: | $99,500 |
|---|---|
| Down Payment: | $99,500 |
| Gross Sales: | $182,000 |
| Discretionary Cash Flow: | $48,000 |
| FF&E: | $132,335 |
| Inventory Included? | |
| Inventory: | $2,500 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $1,995 |
| Payroll: | $1 |
| Financing: | Call |
