Business for Sale

Fabulous Middle Eastern Restaurant

BizEx984-AK

Background

General Location:Encino, CA
Category: Restaurant
Other Eating & Drinking Places
Years in Business:10
Under Present Owner:10
Hours of Operation:11am-11pm 7 days
Owner Hours:11am-11pm 7 days
Training:4 weeks @ 20 hours
Organization Type:C Corp
Lease Expiration:3/14/2016
Lease Options:two 5 yr
Building Size:3061
Employees:17
Reason for Sale:retirement & health

Financials

Asking Price:$495,000
Down Payment:Negotiable
Gross Sales:$1,707,368
Discretionary Cash Flow:$180,000
FF&E:$110,000
Inventory Included?
Inventory:$25,000
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$17,788
Payroll:$58
Financing:Call

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Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004