Restaurant with Great Potential

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Background

BizEx ID:BizEx433-SM
General Location:Glendale, CA
Category: Restaurants
Entertainment
Years in Business:27
Under Present Owner:4
Hours of Operation:Evenings (to keep permits & licenses)
Owner Hours:
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2/2014
Lease Options:1- 10 year option
Building Size:8,000
Employees:0
Reason for Sale:Partnership Dissolution & Other Business Interests

Financials

Asking Price:$675,000
Down Payment:$150,000
Gross Sales:Call
Discretionary Cash Flow:Call
FF&E:$500,000
Inventory Included?
Inventory:$200,000
Min. Operating Capital:
Real Estate Available?No
Rent:$17,600
Financing:Call




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
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

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