Restaurant in Down Town area

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Great 10 year lease - Huge growth potential
Asking Price:
$139,000

Gross Revenue:
$140,000
Cash Flow:
$42,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$60,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Restaurant located in prime location of the down town of a great San Gabriel valley city. Amazing growth potential. Area has high traffic for lunch and dinner. Many offices and medical buildings nearby. Owner has a 10 year lease -very low rent for the area. New owner open at dinner time may increase income substantially .

About the Business

Year Established:
2006
Number of Employees:
4 PTE
Facilities:
1900 sf. remodeled up to 50 chairs
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About the Sale

Reason For Selling:
other interest
Gross Revenue
Comments:
working only 6 hours a day Monday to Saturday
Seller Financing:
Seller may finance with conditions - seller to approve, not guaranteed.

Listing Info

Keywords:
italian restaurant
ID:
1393197
Ad Detail Views:
597

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U.S. Census Data for Los Angeles County, CA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Los Angeles County, CA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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