Profitable Award-Winning Pizzeria in Los Angeles
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Background
| BizEx ID: | BizEx1031-TM |
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| General Location: | West Los Angeles, CA |
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| Category: |
Restaurant
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| Years in Business: | 9 |
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| Under Present Owner: | 9 |
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| Hours of Operation: | Mon-Sun 11am-9pm |
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| Owner Hours: | 20 |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | April 30, 2022 |
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| Lease Options: | None |
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| Building Size: | 1400 |
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| Employees: | 8 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $240,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,040,508 |
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| Discretionary Cash Flow: | $92,422 |
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| FF&E: | $114,000 |
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| Inventory Included? | Yes |
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| Inventory: | $2,000 |
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| Min. Operating Capital: | $30,000 |
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| Real Estate Available? | No |
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| Rent: | $6,400 |
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| Payroll: | $27,500 |
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2014 | 2015 | 2016 |
| Gross Sales |
$ 1,006,168 | $ 1,009,795 | $ 1,040,508 |
| Gross Profit |
$ 675,793 | $ 689,408 | $ 723,907 |
| Disc. Earnings |
$ 142,625 | $ 136,162 | $ 114,675 |
