Business for Sale

Ultra-Hip Los Angeles Restaurant & Cocktail Bar

BizEx662-MS

Background

General Location:Los Angeles, CA
Category: Bars/Taverns
Restaurants
Years in Business:3.5
Under Present Owner:1.2
Hours of Operation:M-F 11am-10 pm, Sat 4 -10pm
Owner Hours:Absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:2 @ 5 Years
Building Size:5699
Employees:59
Reason for Sale:To Focus on Other Businesses

Financials

Asking Price:$1,150,000
Down Payment:$1,150,000
Gross Sales:$2,400,000
Discretionary Cash Flow:$253,000
FF&E:$650,000
Inventory Included?
Inventory:$20,000
Min. Operating Capital:
Real Estate Available?No
Rent:$18,000
Financing:Call

Return to Listings





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