This listing is: Abandoned
Background
| BizEx ID: | BizEx136-ML |
|---|
| General Location: | Los Angeles, CA |
|---|
| Category: |
Restaurant
|
|---|
| Years in Business: | 1 |
|---|
| Under Present Owner: | 1 |
|---|
| Hours of Operation: | M-Th, Su 11-10; F-Sat 11-10:30 |
|---|
| Owner Hours: | 18 hours per week |
|---|
| Training: | 4 weeks @ 20 hours |
|---|
| Organization Type: | |
|---|
| Lease Expiration: | 9/1/2012 |
|---|
| Lease Options: | 2- 5yr option |
|---|
| Building Size: | 1,126 |
|---|
| Employees: | 7 |
|---|
| Reason for Sale: | Managing owner must relocate |
|---|
Financials
| Asking Price: | $100,000 |
|---|
| Down Payment: | Negotiable |
|---|
| Gross Sales: | $256,093 |
|---|
| Discretionary Cash Flow: | $36,983 |
|---|
| FF&E: | $60,000 |
|---|
| Inventory Included? | |
|---|
| Inventory: | $4,500 |
|---|
| Min. Operating Capital: | |
|---|
| Real Estate Available? | No |
|---|
| Rent: | $6,000 |
|---|
| Payroll: | $4 |
|---|
| Financing: | Call |
|---|
