Buffet Restaurant Simply
Location: California > Orange County
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $1,390,000
Gross Revenue: $3,000,000
Cash Flow: $468,000
Inventory: $50,000 (Not Included in Asking Price)
Business Summary
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
If you are serious PRINCIPAL BUYER, Call Me at (213) 327-5400
or Email Me at
jameskwonrealtor@yahoo.com
THIS IS THE OPPORTUNITY SOMEONE WHO WANT BIG VOLUME RESTAURANT LESS HEADACHE
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
If you are serious PRINCIPAL BUYER, Call Me at (213) 327-5400
or Email Me at
jameskwonrealtor@yahoo.com
THIS IS THE OPPORTUNITY SOMEONE WHO WANT BIG VOLUME RESTAURANT LESS HEADACHE
About the Business
Year Established: 2004
Employees: 30 full time -
Facilities: About 7,400 square feet
About the Sale
Management Training and Support: 2 weeks after close of escrow
Reason For Selling: One of Partner's Financial Issue
Attached Files - Attachment Disclaimer
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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. Please review the full Disclaimer here.
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