Family Steakhouse with Beer and Wine - Financing Available
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Background
| BizEx ID: | BizEx369-MS |
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| General Location: | San Gabriel Valley, CA |
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| Category: |
Restaurant
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| Years in Business: | 25 |
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| Under Present Owner: | 4 |
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| Hours of Operation: | Mon-Sun; 11 am - 9 pm |
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| Owner Hours: | Absentee |
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| Training: | None |
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| Organization Type: | |
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| Lease Expiration: | 2024 |
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| Lease Options: | |
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| Building Size: | 6100 |
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| Employees: | 15 |
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| Reason for Sale: | Other Business Interests |
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Financials
| Asking Price: | $170,000 |
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| Down Payment: | $170,000 |
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| Gross Sales: | $760,000 |
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| Discretionary Cash Flow: | $80,000 |
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| FF&E: | $150,000 |
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| Inventory Included? | |
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| Inventory: | $7,500 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $50,002,500 |
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| Payroll: | $18,500 |
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| Financing: | Call |
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|
2010 |
| Gross Sales |
$ 760,000 |
| Gross Profit |
$ |
| Disc. Earnings |
$ 80,000 |
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
OFF MARKET
