Santa Clarita Restaurant and Bar

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Background

BizEx ID:BizEx277-KF
General Location:Santa Clarita, CA
Category: Restaurant
Other Eating & Drinking Places
Years in Business:30
Under Present Owner:2
Hours of Operation:7 Days 11-10 Bar 11-2
Owner Hours:Full time
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:Sept. 1, 2010
Lease Options:None
Building Size:4,500
Employees:9
Reason for Sale:Capital issues

Financials

Asking Price:$1
Down Payment:Negotiable
Gross Sales:$640,000
Discretionary Cash Flow:$50,000
FF&E:$175,000
Inventory Included?
Inventory:$8,000
Min. Operating Capital:
Real Estate Available?No
Rent:$8,600
Financing:Call




Kendric Foultz
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005

OFF MARKET

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