Restaurant with Great Potential
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Background
| BizEx ID: | BizEx433-SM |
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| General Location: | Glendale, CA |
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| Category: |
Restaurants
Entertainment
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| Years in Business: | 27 |
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| Under Present Owner: | 4 |
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| Hours of Operation: | Evenings (to keep permits & licenses) |
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| Owner Hours: | |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 2/2014 |
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| Lease Options: | 1- 10 year option |
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| Building Size: | 8,000 |
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| Employees: | 0 |
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| Reason for Sale: | Partnership Dissolution & Other Business Interests |
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Financials
| Asking Price: | $675,000 |
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| Down Payment: | $150,000 |
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| Gross Sales: | Call |
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| Discretionary Cash Flow: | Call |
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| FF&E: | $500,000 |
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| Inventory Included? | |
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| Inventory: | $200,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $17,600 |
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| Financing: | Call |
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Shelli Margolin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct: 310-882-2200 x128
Lic#: 00902695
Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004
OFF MARKET
