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Mexican Restaurant For Sale - North Hollywood, California, CA - Los Angeles County |
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| PROFILE: Running For Over 12 Years. 1,600-Sqft Unit With A Rent Of 2,797 |
| Asking Price: |
$139,000 |
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| Down Payment: |
Submit |
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| Annual Revenue: |
$263,865 |
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| Annual Adjusted Net: |
$67,543 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Yes |
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DESCRIPTION: This Is A Small Mexican Sit-Down Or Take Out Restaurant. The Business Has 4 Full Time Employees And 2 Part Timers. . It Has Been Running For Over 12 Years. The Hours Of Operation Are 8am-Midnight Seven Days A Week
Gross Income Cash Flow
April 2008 23,474.00 4,344.81
March 2008 22,186.00 3,689.19
February 2008 20,394.00 3,692.57
January 2008 21,901.00 3,787.85
Average Monthly 21,988.75 3,878.61
Annualizing 263,865.00 46,543.26
Broker Has Detail Income And Expense Sheets Showing The Above. Owner Does Not Work On Site So A Working Owner Would Save The Salary Of 21,000 Per Year. Giving A Net Of 67,543.
Facilities:
This Restaurant Is In A 1,600-Sqft Unit With A Rent Of 2,797.40. The Current Lease Is Up In 2016 And Has One 5-Year Option |
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