Hollywood Restaurant Near Bars & Clubs

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Background

BizEx ID:BizEx565-MS
General Location:Los Angeles, CA
Category: Restaurant
Restaurants
Years in Business:15
Under Present Owner:2
Hours of Operation:Sun-Thurs 8:30 am-10pm, Fri-Sat 8:30 -11 pm
Owner Hours:Full Time
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2020
Lease Options:
Building Size:1800
Employees:6
Reason for Sale:Retirement

Financials

Asking Price:$225,000
Down Payment:$130,000
Gross Sales:$380,000
Discretionary Cash Flow:Call
FF&E:
Inventory Included?
Inventory:TBD
Min. Operating Capital:
Real Estate Available?No
Rent:$8,000
Financing:Call

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

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