Westwood-West LA Restaurant/Bar

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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




Mina Singson-Brightman
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495

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