Sports Bar w/ Live Entertainment

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Background

BizEx ID:BizEx388-MS
General Location:Los Angeles, CA
Category: Restaurant
Bars/Taverns
Years in Business:4
Under Present Owner:4
Hours of Operation:11:00 am-11:00pm M-Sun
Owner Hours:Absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2019
Lease Options:
Building Size:5,000
Employees:16
Reason for Sale:Other Business Interests

Financials

Asking Price:$129,000
Down Payment:$129,000
Gross Sales:$840,000
Discretionary Cash Flow:Call
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$12,000
Payroll:$14
Financing:Call

2010
Gross Sales $ 840,000
Gross Profit $ call
Disc. Earnings $ 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

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