Top Los Angeles Restaurant & Bar - Prime Location
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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 |
