This listing is: Off Market
Background
| BizEx ID: | BizEx761-MS |
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| General Location: | Monterey Park, CA |
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| Category: |
Restaurant
|
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| Years in Business: | 14 |
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| Under Present Owner: | 14 |
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| Hours of Operation: | M-Sat 10:30 am-9pm, Sun 11am-8pm |
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| Owner Hours: | varies |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 2018 |
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| Lease Options: | 1 @ 5 years |
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| Building Size: | 1531 |
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| Employees: | 10 |
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| Reason for Sale: | Going back to school |
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Financials
| Asking Price: | $165,500 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $474,700 |
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| Discretionary Cash Flow: | $55,500 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $5,395 |
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| Financing: | Call |
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|
2011 | 2012 | 2013 |
| Gross Sales |
$ 481,597 | $ 489,818 | $ 474,709 |
| Gross Profit |
$ 308,230 | $ 324,213 | $ 304,098 |
| Disc. Earnings |
$ 77,000 | $ 81,153 | $ 68,214 |
