Highly Acclaimed Los Angeles Restaurant Bar

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This listing is: Off Market

Background

BizEx ID:BizEx852-MS
General Location:Los Angeles, CA
Category: Bars/Taverns
Restaurants
Years in Business:3
Under Present Owner:3
Hours of Operation:Mon-Sun
Owner Hours:call
Training:None
Organization Type:
Lease Expiration:2024
Lease Options:
Building Size:1600
Employees:19
Reason for Sale:Family reasons

Financials

Asking Price:$599,000
Down Payment:$180,000
Gross Sales:$900,000
Discretionary Cash Flow:$180,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,000
Payroll:$20
Financing:None

2013 2014
Gross Sales $ 719,000 $ 875,000
Gross Profit $ 478,500 $ 585,400
Disc. Earnings $ 161,000 $ 180,000

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