Business for Sale

Thousand Oaks Asian Restaurant

BizEx115-KF

Background

General Location:Newbury Park, CA
Category: Restaurant
Other Eating & Drinking Places
Years in Business:4.5
Under Present Owner:4.5
Hours of Operation:M-Sat 11-9 Sun 4:30-9
Owner Hours:Full time/ 40hrs
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:7/31/14
Lease Options:two at 5 years each
Building Size:1,270
Employees:6
Reason for Sale:partnership dissolution

Financials

Asking Price:$140,000
Down Payment:$140,000
Gross Sales:$336,000
Discretionary Cash Flow:$60,000
FF&E:$120,000
Inventory Included?
Inventory:$2,500
Min. Operating Capital:$15,000
Real Estate Available?No
Rent:$5,528
Payroll:$675
Financing:Call

Return to Listings





Kendric Foultz, CBB
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005