Reason for Sale:
Owner Lives in Bakersfield, Tired of the Commute
Financials
Asking Price:
$95,000
Down Payment:
$65,000
Gross Sales:
$120,000
Discretionary Cash Flow:
Call
FF&E:
$ 0
Inventory Included?
No
Inventory:
$ 0
Minimum Operating Capital:
$ 0
Real Estate Available?
No
Real Estate Asking Price:
$ 0
Rent:
$ 1,765/month
Payroll:
$ 3500/month
Financing:
Seller
Gross Sales
Gross Profit
Disc. Earnings
* YTD as of , ** = Prorated.
Broker Info
Mina Singson
Business Broker
(310) 882-2200 ext 125
LIC# 01866495
Summary
Great opportunity to own this popular restaurant serving traditional Filipino dishes in the heart of Filipinotown. Establsihed for years and loved by locals. Corner location with lots of parking available. Has steady income from catering business with adult day care facilities in addition to sit-down and take-out sales. Full kitchen set-up and all equipment are included in the sale.
This restaurant continues to reinvent its menu by adding some Chinese, Mexican and Salvadorian dishes to increase variety and client base.
Owner is willing to negotiate price and offer financing. Seller lives in Bakersfield and is tired of the commute. Wants to sell fast so make an offer!
DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its
accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting
interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
