Mexican Restaurant, SF Valley, High Delivery Sales

BizEx1220-EM

Background

BizEx ID:BizEx1220-EM
General Location:San Fernando Valley, CA
Category: Restaurant
Restaurants
Years in Business:4
Under Present Owner:4
Hours of Operation:M - F: 9:00 - 9:00, Sat - Sun: 11 - 9
Owner Hours:Varies
Training:2 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:2023
Lease Options:
Building Size:1,495
Employees:4
Reason for Sale:Other Opportunities

Financials

Asking Price:$260,000
Down Payment:Negotiable
Gross Sales:$400,000
Discretionary Cash Flow:$100,000
FF&E:$80,000
Inventory Included?Yes
Inventory:$10,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$4,190
Payroll:$8

2017 2016
Gross Sales $ 470,000 $ 375,000
Gross Profit $ $
Disc. Earnings $ 180,000 $ 150,000



Broker Information


Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802

OFF MARKET