Hollywood Restaurant Near Bars & Clubs
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Background
| BizEx ID: | BizEx565-MS |
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| General Location: | Los Angeles, CA |
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| Category: |
Restaurant
Restaurants
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| Years in Business: | 15 |
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| Under Present Owner: | 2 |
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| Hours of Operation: | Sun-Thurs 8:30 am-10pm, Fri-Sat 8:30 -11 pm |
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| Owner Hours: | Full Time |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 2020 |
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| Lease Options: | |
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| Building Size: | 1800 |
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| Employees: | 6 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $225,000 |
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| Down Payment: | $130,000 |
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| Gross Sales: | $380,000 |
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| Discretionary Cash Flow: | Call |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | TBD |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $8,000 |
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| Financing: | Call |
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|
2011 |
| Gross Sales |
$ 380,000 |
| Gross Profit |
$ 294,000 |
| Disc. Earnings |
$ 130,000 |
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
OFF MARKET
