Specialty Restaurant on Hawthorne! Profitable and Easy to Run!

Asking Price$160,000

Cash Flow
$84,355
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$875,792

Inventory$2,500
Included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed

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Specialty Restaurant on Hawthorne! Profitable and Easy to Run!


Asking Price$160,000

Cash Flow
$84,355
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$875,792

Inventory$2,500
Included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Profitable specialty food and beverage business in trendy Hawthorne neighborhood! Serving mouthwatering wood-smoked Latin-style chicken with vibrant outdoor seating and fire pit. Best suited for an owner-operator. Gross sales have been between $875,000-$950,000 year over year and has huge name recognition locally and nationally. This bustling neighborhood is flooded with high foot traffic which increases walkup and repeat clientele on a daily basis. Base rent is only $950 a month + NNN (approx $3,600).
About the Business
Years in Operation
11
Number of Employees
5
Facilities & Assets
Fun, vibrant location with outdoor seating and fire pit. All assets go with the sale including the walk-in cooler.
Market Outlook / Competition
This is very speciality so competition is limited.
Opportunities for Growth
The best way to grow the business would be to be an owner operator and be more hands on. Add daily specials, increase hours, menu items or delivery.
About the Sale
Seller Motivation
Retirement.
Transition Support
Seller will train for one week and is open to consulting if more training is needed.
Financing Options
Seller is open to financing with a minimum of 50% down at 9% interest for two years (
Listing Info
ID
2296796
Listing Views
1485
Business Location

Contact Seller

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Business Listed by: Thomas Goetze Majors Real Estate

Listing ID: 2296796 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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