Dragonfly Thai Restaurant, High Profits. RHE

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Background

BizEx ID:BizEx1403-EM
General Location:Rolling Hills, CA
Category: Restaurant
Other Eating & Drinking Places
Years in Business:17
Under Present Owner:13
Hours of Operation:M-Sat 11:00 - 3:00, 4:00 - 9:00
Owner Hours:Owners live out of State
Training:2 weeks @ 30 hours
Organization Type:C-Corp
Lease Expiration:4,2024
Lease Options:Buyer to Sign New Lease
Building Size:1000
Employees:0
Reason for Sale:Other Opportunities

Financials

Asking Price:$275,000
Down Payment:Negotiable
Gross Sales:$850,000
Discretionary Cash Flow:$250,000
FF&E:$50,000
Inventory Included?Yes
Inventory:$3,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$5,200




Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802




Dan Higgins
Marketing Consultant License #02114580
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#: 02114580

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