Profitable & Easy to Operate Thai Restaurant
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Background
| BizEx ID: | BizEx517-SM |
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| General Location: | Los Angeles, CA |
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| Category: |
Restaurant
Restaurants
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| Years in Business: | 16 |
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| Under Present Owner: | 16 |
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| Hours of Operation: | 11am - 7:30 pm - Closed Mondays |
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| Owner Hours: | 40+ |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | May 2017 |
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| Lease Options: | Option to come with renewal of Rite Aid Lease |
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| Building Size: | 3,000 |
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| Employees: | 8 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $190,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $382,280 |
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| Discretionary Cash Flow: | $171,486 |
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| FF&E: | $70,000 |
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| Inventory Included? | |
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| Inventory: | $5,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $2,175 |
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| Payroll: | $5 |
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| Financing: | Call |
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|
2012 | 2011 |
| Gross Sales |
$ 384,992 | $ 509,732 |
| Gross Profit |
$ 290,601 | $ 382,280 |
| Disc. Earnings |
$ 171,486 | $ 241,986 |
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
OFF MARKET
