Aroimaak Thai Restaurant in Los Angeles

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Background

BizEx ID:BizEx1156-AK
General Location:Los Angeles, CA
Category: Restaurant
Years in Business:27
Under Present Owner:27
Hours of Operation:7 days 11:30am-10:30pm
Owner Hours:7 days 11:30am-10:30pm
Training:4 weeks @ 20 hours
Organization Type:LLC
Lease Expiration:2/28/2019
Lease Options:
Building Size:1200 sf
Employees:10
Reason for Sale:retirement

Financials

Asking Price:$225,000
Down Payment:Negotiable
Gross Sales:$945,303
Discretionary Cash Flow:$212,466
FF&E:$20,000
Inventory Included?No
Inventory:$8,000
Min. Operating Capital:$40,000
Real Estate Available?No
Rent:$6,050
Payroll:$15,000
Financing:Call

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