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 | $ | $ |