Westwood LA Bar & Restaurant 30 Years in Business
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Background
| BizEx ID: | BizEx540-MS |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Bars/Taverns Restaurants |
| Years in Business: | 30 |
| Under Present Owner: | 3.5 |
| Hours of Operation: | Sun-Thurs 11:30 am-10 pm, Fri-Sat 11:30 am -11:00 pm |
| Owner Hours: | Absentee-owner |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 2016 |
| Lease Options: | |
| Building Size: | 3500 |
| Employees: | 8 |
| Reason for Sale: | Partnership Issues |
Financials
| Asking Price: | $250,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $550,000 |
| Discretionary Cash Flow: | Call |
| FF&E: | |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $10,500 |
| Payroll: | $15,500 |
| Financing: | Call |

