Profitable Restaurant Franchise in Long Beach, CA
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Background
| BizEx ID: | BizEx338-MS |
| General Location: | Long Beach, CA |
| Category: |
|
| Years in Business: | 3 |
| Under Present Owner: | 3 |
| Hours of Operation: | M-Sun 8 am -10 pm |
| Owner Hours: | |
| Training: | 4 weeks @ 40 hours |
| Organization Type: | |
| Lease Expiration: | Sept. 2013 |
| Lease Options: | 5 |
| Building Size: | 1400 |
| Employees: | 0 |
| Reason for Sale: | Expansion |
Financials
| Asking Price: | $315,000 |
| Down Payment: | $250,000 |
| Gross Sales: | $634,000 |
| Discretionary Cash Flow: | $123,000 |
| FF&E: | $100,000 |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $3,207 |
| Financing: | Call |
|
2010 |
| Gross Sales |
$ 634,000 |
| Gross Profit |
$ 213,000 |
| Disc. Earnings |
$ 123,000 |