LA Restaurant - All Reasonable Offers Considered

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Background

BizEx ID:BizEx551-SM
General Location:Los Angeles, CA
Category: Restaurant
Restaurants
Years in Business:1
Under Present Owner:1
Hours of Operation:Mon - Sat 11-9
Owner Hours:Mon - Sat 11-9
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:Nov. 2014
Lease Options:
Building Size:1,200
Employees:0
Reason for Sale:Other Business Interests

Financials

Asking Price:$99,950
Down Payment:Negotiable
Gross Sales:$89,142
Discretionary Cash Flow:$14,445
FF&E:$60,000
Inventory Included?
Inventory:$3,000
Min. Operating Capital:
Real Estate Available?No
Rent:$2,100
Financing:Call

June 2011 - June 2012
Gross Sales $ 89,142
Gross Profit $ 30,276
Disc. Earnings $ 14,445




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

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