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Famous Hollywood Fastfood Restaurant w/Beer & Wine

BizEx503-MS

Background

General Location:Los Angeles, CA
Category: Restaurant
Restaurants
Years in Business:35
Under Present Owner:24
Hours of Operation:M-Sunday 9 am - 11 pm
Owner Hours:5-6 hours/day
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2014
Lease Options:1 @ 4 years
Building Size:2700
Employees:12
Reason for Sale:Retirement

Financials

Asking Price:$358,000
Down Payment:Negotiable
Gross Sales:$750,000
Discretionary Cash Flow:$180,000
FF&E:
Inventory Included?
Inventory:$3,000
Min. Operating Capital:
Real Estate Available?No
Rent:$5,800
Financing:Call

2011
Gross Sales $ 750,000
Gross Profit $ 575,000
Disc. Earnings $ 180,000

Return to Listings





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