Venice Beach Boardwalk Fast Food Deli

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This listing is: Off Market

Background

BizEx ID:BizEx361-MS
General Location:Venice Beach, CA
Category: Restaurant
Other Food Stores
Years in Business:2
Under Present Owner:2
Hours of Operation:M-Sun 9 am-8 pm
Owner Hours:M-Sun 9 am- 8 pm
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:March 2014
Lease Options:
Building Size:
Employees:2
Reason for Sale:Family Engagements

Financials

Asking Price:$34,000
Down Payment:$34,000
Gross Sales:$160,000
Discretionary Cash Flow:$50,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$2,600
Payroll:$3,000
Financing:None

2010
Gross Sales $ 160,000
Gross Profit $ 130,000
Disc. Earnings $ 50,000

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