Thousand Oaks Asian Restaurant
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Background
| BizEx ID: | BizEx115-KF |
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| General Location: | Newbury Park, CA |
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| Category: |
Restaurant
Other Eating & Drinking Places
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| Years in Business: | 4.5 |
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| Under Present Owner: | 4.5 |
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| Hours of Operation: | M-Sat 11-9 Sun 4:30-9 |
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| Owner Hours: | Full time/ 40hrs |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 7/31/14 |
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| Lease Options: | two at 5 years each |
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| Building Size: | 1,270 |
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| Employees: | 6 |
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| Reason for Sale: | partnership dissolution |
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Financials
| Asking Price: | $140,000 |
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| Down Payment: | $140,000 |
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| Gross Sales: | $336,000 |
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| Discretionary Cash Flow: | $60,000 |
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| FF&E: | $120,000 |
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| Inventory Included? | |
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| Inventory: | $2,500 |
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| Min. Operating Capital: | $15,000 |
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| Real Estate Available? | No |
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| Rent: | $5,528 |
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| Payroll: | $677 |
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| Financing: | Call |
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Kendric Foultz
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005
OFF MARKET
