Neighborhood Cafe in Prestigious Bel-Air

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Background

BizEx ID:BizEx248-MS
General Location:Los Angeles, CA
Category: Restaurant
Coffee Shop
Years in Business:6
Under Present Owner:2
Hours of Operation:Sun 11-4; Mon-Fri 11:00 am-8:30pm
Owner Hours:Absentee Run
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2012
Lease Options:5 Years
Building Size:1,320
Employees:3
Reason for Sale:Family Issues

Financials

Asking Price:$70,000
Down Payment:$35,000
Gross Sales:$170,000
Discretionary Cash Flow:Call
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,400
Payroll:$4
Financing:Call




Mina Singson-Brightman
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations