Business for Sale

Downtown Restaurant

BizEx634-DM

Background

General Location:Los Angeles, CA
Category: Restaurant
Other Eating & Drinking Places
Years in Business:15
Under Present Owner:5
Hours of Operation:Monday-Saturday 8am to 5pm
Owner Hours:40
Training:4 weeks @ 40 hours
Organization Type:
Lease Expiration:Oct. 2013
Lease Options:3 year option
Building Size:1,400
Employees:3
Reason for Sale:Owner has health issues

Financials

Asking Price:$95,000
Down Payment:Negotiable
Gross Sales:$168,000
Discretionary Cash Flow:$45,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,000
Financing:None

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Dan Munter
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 121
Direct: (310) 722-1138
Lic#: 01871136