Downtown LA Restaurant - Established 15 Years

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This listing is: Off Market

Background

BizEx ID:BizEx634-DM
General Location:Los Angeles, CA
Category: Restaurant
Other Eating & Drinking Places
Years in Business:15
Under Present Owner:5
Hours of Operation:Monday-Saturday 8am to 5pm
Owner Hours:40
Training:4 weeks @ 40 hours
Organization Type:
Lease Expiration:Oct. 2013
Lease Options:3 year option
Building Size:1,400
Employees:3
Reason for Sale:Owner has health issues

Financials

Asking Price:$95,000
Down Payment:Negotiable
Gross Sales:$168,000
Discretionary Cash Flow:$45,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,000
Financing:None
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