West LA Restaurant For Sale - High Traffic Area

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Background

BizEx ID:BizEx547-SM
General Location:Los Angeles, CA
Category: Restaurant
Restaurants
Years in Business:16
Under Present Owner:16
Hours of Operation:11:30 am - 10:00 pm
Owner Hours:varies
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:June 2015
Lease Options:One 5 year
Building Size:940
Employees:8
Reason for Sale:Other Business Interests

Financials

Asking Price:$90,000
Down Payment:Negotiable
Gross Sales:$339,360
Discretionary Cash Flow:$99,608
FF&E:$52,500
Inventory Included?
Inventory:$3,000
Min. Operating Capital:
Real Estate Available?No
Rent:$3,280
Payroll:$9
Financing:Call

2012
Gross Sales $ 339,360
Gross Profit $ 206,202
Disc. Earnings $ 99,608




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

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