Business for Sale

Under Contract

Aroimaak Thai

BizEx1156-AK

Background

General Location:Los Angeles, CA
Category: Restaurant
Years in Business:27
Under Present Owner:27
Hours of Operation:7 days 11:30am-10:30pm
Owner Hours:7 days 11:30am-10:30pm
Training:4 weeks @ 20 hours
Organization Type:LLC
Lease Expiration:2/28/2019
Lease Options:
Building Size:1200 sf
Employees:10
Reason for Sale:retirement

Financials

Asking Price:$225,000
Down Payment:Negotiable
Gross Sales:$945,303
Discretionary Cash Flow:$212,466
FF&E:$20,000
Inventory Included?No
Inventory:$8,000
Min. Operating Capital:$40,000
Real Estate Available?No
Rent:$6,050
Payroll:$15,000
Financing:Call

Description

27 Years of SUCCESS

Owner wishes to retire after providing delicious Thai food to residents of Los Angeles.

Good food, reasonable prices and excellent service makes this restaurant a great place to eat.

Great location with excellent foot and vehicle traffic.

Deliveries through vendors like EAT 24 & Grubhub..

Beer and wine license.

Marketed as if new owner will be hands on and operate.

Makes for a great investment if the new owner chooses to be semi-absentee.

Interested parties please register as a buyer at www.bizex.net then contact Arthur Kessler at 310 882-2200 x126.

 


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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.

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Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004