Gourmet Fusion Restaurant in South Bay - Hermosa Beach

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This listing is: Off Market

Background

BizEx ID:BizEx561-TP
General Location:Hermosa Beach, CA
Category: Restaurant
Restaurants
Years in Business:8 months
Under Present Owner:8 months
Hours of Operation:M-Sat, 10am - 9pm
Owner Hours:10am - 9pm
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:August, 2016
Lease Options:One 5 year option.
Building Size:1,050
Employees:4
Reason for Sale:Other business interest.

Financials

Asking Price:$220,000
Down Payment:Negotiable
Gross Sales:$82,477
Discretionary Cash Flow:Call
FF&E:$22,000
Inventory Included?
Inventory:$2,000
Min. Operating Capital:
Real Estate Available?No
Rent:$3,300
Payroll:$3
Financing:Call

2012**
Gross Sales $ 82,477
Gross Profit $ TBD
Disc. Earnings $ TBD

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