Beachside Restaurant and Night Club
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Background
| BizEx ID: | BizEx437-KF |
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| General Location: | Hermosa Beach, CA |
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| Category: |
Restaurant
Bars/Taverns
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| Years in Business: | 13 |
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| Under Present Owner: | 6 |
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| Hours of Operation: | Mon-Sun 5pm-2am |
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| Owner Hours: | flexible |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 2018 |
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| Lease Options: | |
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| Building Size: | 8,960 |
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| Employees: | 9 |
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| Reason for Sale: | Moving out of state |
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Financials
| Asking Price: | $750,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $500,000 |
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| Discretionary Cash Flow: | Call |
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| FF&E: | $250,000 |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $18,537 |
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| Payroll: | $8 |
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| Financing: | Call |
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Kendric Foultz
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005
