French Restaurant Franchise w/ Beer & Wine

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Background

BizEx ID:BizEx319-MS
General Location:Pasadena, CA
Category: Other Eating & Drinking Places

Years in Business:1.5
Under Present Owner:1.5
Hours of Operation:8:00 am -10:00 pm
Owner Hours:Absentee Run
Training:2 weeks @ 40 hours
Organization Type:
Lease Expiration:2014
Lease Options:5 Years
Building Size:1600
Employees:10
Reason for Sale:Expansion

Financials

Asking Price:$160,000
Down Payment:Negotiable
Gross Sales:$660,000
Discretionary Cash Flow:Call
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$8,000
Payroll:$11,000
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