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Very Profitable Restaurant Franchise in Best Long Beach Location

BizEx338-MS

Background

General Location:Long Beach, CA
Category: Franchise
Years in Business:3
Under Present Owner:3
Hours of Operation:M-Sun 8 am -10 pm
Owner Hours:
Training:4 weeks @ 40 hours
Organization Type:
Lease Expiration:Sept. 2013
Lease Options:5
Building Size:1400
Employees:0
Reason for Sale:Expansion

Financials

Asking Price:$315,000
Down Payment:$250,000
Gross Sales:$634,000
Discretionary Cash Flow:$123,000
FF&E:$100,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,207
Financing:Call

2010
Gross Sales $ 634,000
Gross Profit $ 213,000
Disc. Earnings $ 123,000

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