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Iconic Los Angeles Fast-food Business
BizEx788-MS
Background
| General Location: | Los Angeles, CA |
|---|---|
| Category: |
Restaurant Other Eating & Drinking Places |
| Years in Business: | 61 |
| Under Present Owner: | 38 |
| Hours of Operation: | M-Sun, 24 hours |
| Owner Hours: | 60 hours |
| Training: | None |
| Organization Type: | |
| Lease Expiration: | 2022 |
| Lease Options: | |
| Building Size: | 855 |
| Employees: | 2 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | Call |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $1,776,906 |
| Discretionary Cash Flow: | $638,600 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $4,800 |
| Financing: | None |
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Gross Sales | $ 1,364,334 | $ 1,487,140 | $ 1,776,906 |
| Gross Profit | $ 715,396 | $ 920,180 | $ 1,181,014 |
| Disc. Earnings | $ 354,100 | $ 422,850 | $ 638,600 |
