High Volume Concept Restaurant in Glendale, CA
Home / Listing / High Volume Concept Restaurant in Glendale, CA
This listing is: Off Market
Background
| BizEx ID: | BizEx1201-KF |
|---|---|
| General Location: | Glendale, CA |
| Category: |
Restaurant Restaurants |
| Years in Business: | 7 |
| Under Present Owner: | 7 |
| Hours of Operation: | M-Sun 11:30am-10:30pm |
| Owner Hours: | Run absentee |
| Training: | None |
| Organization Type: | C-Corp |
| Lease Expiration: | April 17, 2018 |
| Lease Options: | |
| Building Size: | 10,508 |
| Employees: | 40 |
| Reason for Sale: | Exiting restaurant industry |
Financials
| Asking Price: | $3,300,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $6,000,000 |
| Discretionary Cash Flow: | $Call |
| FF&E: | $250,000 |
| Inventory Included? | No |
| Inventory: | $100,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $34,000 |
| Payroll: | $90,000 |
