Ventura County Mexican Bar and Grill

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Background

BizEx ID:BizEx1141-KF
General Location:Thousand Oaks, CA
Category: Restaurant
Bars/Taverns
Years in Business:2
Under Present Owner:2
Hours of Operation:M-Thurs 10-11, F-11-11, Sat- 10-11, Sun- 9-10
Owner Hours:
Training:None
Organization Type:LLC
Lease Expiration:1/31/2021
Lease Options:
Building Size:2,900
Employees:14
Reason for Sale:Relocation

Financials

Asking Price:$250,000
Down Payment:$250,000
Gross Sales:$800,000
Discretionary Cash Flow:Call
FF&E:$40,000
Inventory Included?Yes
Inventory:$10,000
Min. Operating Capital:
Real Estate Available?No
Rent:$7,512
Payroll:$24,000




Kendric Foultz
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations