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Ventura County Asian Restaurant

BizEx57-KF

Background

General Location:Ventura County, CA
Category: Restaurant
Years in Business:17
Under Present Owner:5
Hours of Operation:Sun-Thur 11-9 Fri & Sat 11-10
Owner Hours:Full time
Training:Neo weeks @ Neo hours
Organization Type:
Lease Expiration:04/08
Lease Options:3@5 years
Building Size:2,900
Employees:11
Reason for Sale:Retirement

Financials

Asking Price:$170,000
Down Payment:$170,000
Gross Sales:$695,000
Discretionary Cash Flow:$95,000
FF&E:$70,000
Inventory Included?
Inventory:$0
Min. Operating Capital:$30,000
Real Estate Available?No
Rent:$10,000
Payroll:$14
Financing:Call

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Kendric Foultz, CBB
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005