Chic Restaurant Franchise in Wealthy Downtown Beach Area

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Background

BizEx ID:BizEx337-MS
General Location:South Bay, CA
Category: Restaurant

Years in Business:2
Under Present Owner:2
Hours of Operation:M-Sun 8 am-10 pm
Owner Hours:
Training:4 weeks @ 40 hours
Organization Type:
Lease Expiration:
Lease Options:5 Years
Building Size:
Employees:0
Reason for Sale:Business Expansion

Financials

Asking Price:$269,000
Down Payment:$269,000
Gross Sales:$507,000
Discretionary Cash Flow:$90,000
FF&E:$100,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,477
Financing:Call

2010
Gross Sales $ 507,000
Gross Profit $ 188,500
Disc. Earnings $ 90,000




Mina Singson-Brightman
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495

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