Profile: All Mixed Customers From Everywhere. Buffet Simple Operation.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
James Kwon, Broker
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| Primary Phone: |
213-327-5400 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01382901 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/23/09 |
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| Date Last Revised: |
10/23/09 |
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| BizBen Ad #: |
128342 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1,390,000 |
| Down Payment: |
$1,390,000 |
| Annual Revenue: |
$3,000,000 |
| Annual Adjusted Net: |
$468,000 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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Buffet Simple Operation
4 Th Year At The Location
All Mixed Customers From Everywhere.
Approx 7,400 Square Feet
Lease 2 Years Existing Plus 5 + 5 + 5 Years Option
Rent Only 14,400 Including Cam Charge Only 5.7% Of Gross Sales Volume Unbelieably Low Rent
Food Cost Average Of 45% But Not Exceed 48% Including Supplies
No Abc License Because Owner Does Not Want Customers Sitting And Drink Blocking Other
Rotation Customers.
Minimum Of Average 39,000 Net Income Which Is About 15.6% Net Income From Gross Sales
But Easy To Prove Over 40,000 Net Income Per Month
2 Partners But 1 Partner's Other Business Financial Issue Forced Them To Sell
This Is The Opportunity Someone Who Want Big Volume Restaurant Less Headache.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
James Kwon, Broker at 213-327-5400 Non Disclosure Agreement |
Business For Sale Photos
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