Catering & Event Concessions Business

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This listing is: Closed

Background

BizEx ID:BizEx267-RD
General Location:Burbank, CA
Category: Restaurant
Other Miscellaneous Services
Years in Business:6
Under Present Owner:6
Hours of Operation:varies
Owner Hours:varies
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:
Employees:16
Reason for Sale:Other Business Interests & Family Commitments

Financials

Asking Price:$395,000
Down Payment:Negotiable
Gross Sales:$300,000
Discretionary Cash Flow:$70,000
FF&E:$102,350
Inventory Included?
Inventory:
Min. Operating Capital:$5,000
Real Estate Available?No
Rent:
Financing:Call

2009 2008 2007
Gross Sales $ 298,009 $ 258,989 $ 381,344
Gross Profit $ 234,793 $ 204,426 $ 260,897
Disc. Earnings $ 60,405 $ $

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