PROFILE   417-16410976

Location: SOUTH WESTERN U.S.A.

Restaurants|Ethnic Restaurant

Sales Price: Down Payment:
Executive Summary
Very successful chain of ethnic style family restaurants, all well established with highly regarding branding in place. Excellent management, books & records and locations. Ideally situated for a National restaurant chain or a family who would like to be in the industry. Real Estate FOR SALE (price TBD). Other income streams are also available. Contact listing brokers for further details. Buyers must submit a Transworld C.A. & Must Prove Financial Qualifications.
 
Business Synopsis
Business Format: S Corp Facilities: muliple units  
Established in: 1985 Square Footage: 31500  
Years Owned: 25 Lease Expires: 12/31/2025  
Employees: 100 FT, 100 PT , 10 Mgrs Monthly Rental Expense: $50,324  
Reason for Sale: RETIREMENT
Skills Required RESTAURANT MANAGEMENT EXPERIANCE
Training Provided: 2 weeks
 
Asset Information (estimated fair market value)
Inventory:  $19,000   Included
Leasehold Improvements:  $494,498   Included
Furniture, Fixtures & Equipment:  $821,438   Included
Total Assets Included in Sale:  $1,334,936  

Operating History 2010   2009   2008  
  Financial Source Annualized Tax Return Tax Return
  Gross Sales $10,633,952 $10,098,825 $9,818,734
  Gross Profit $6,914,196 $6,738,447 $5,831,120
  Discretionary Earnings * $2,022,578 $1,348,981 $1,098,324
* Recasting provides an economic view of the Business, allowing meaningful comparison with other investment opportunities.
DISCLAIMER: All information contained in this document has been provided by the subject company or its shareholder(s), and while believed to be correct, has not been verified. Accordingly, we make no representations or warranties as to the accuracy or truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this information.
  COLLINS & COLLINS INVESTMENTS
801 BRICKELL AVENUE
MIAMI, FL  33131-2945
 

Contact us regarding this business
or call us at 305.235.4444 www.BizBrokersFL.com

 
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