Perfect Husband And Wife Business Opportunity
Location California,United States
Asking Price Range < $250K
Gross Revenues $147000
Net Profit / Cash Flow $85000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2008
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes (2 working weeks).
Reason for Sale Other interests.
Description An established ethnic small family-owned restaurant for sale in an affluent area. PROFITABLE from day one. Virtually no competition. Anchored next to a large chain convenience/department store in a large shopping center with many other well-known stores. Also closed to a private college. Less than 1,000 square feet in size; thus rent is easily absorbed. Up to 75% of business are take-outs. Annual revenue: $147K. Cash flow: $85K/year. Asking: $69K including $15K of equipments and inventory. Based on asking price, investment can be recovered in <1 year. Owner wants a smooth transaction and very selective in choosing buyers. This opportunity won't last long if it gets noticed.
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