Italian Oaks Restaurant

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Background

BizEx ID:BizEx321-KF
General Location:Thousand Oaks, CA
Category: Restaurant
Bars/Taverns
Years in Business:17
Under Present Owner:2
Hours of Operation:M-Sat 11:00am-10:00pm
Owner Hours:Full time
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:3/31/2013
Lease Options:1@5 years
Building Size:2,900
Employees:6
Reason for Sale:Retirement

Financials

Asking Price:$200,000
Down Payment:$200,000
Gross Sales:$400,000
Discretionary Cash Flow:Call
FF&E:$30,000
Inventory Included?
Inventory:$4,000
Min. Operating Capital:operator dependent
Real Estate Available?No
Rent:$7,500
Financing:Call




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