Asking Price: $239,000 Gross Revenue: $350,000Cash Flow: $129,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $150,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Only 2x seller earnings with $119,000 seller finance! Priced below appraised value for quick sale!
Popular specialty restaurant Dine in and Carry-out Restaurant for Sale in Central VA.
This owner operator dine-in and carry-out Indian restaurant offers a variety of homemade comfort food and is currently open for lunch and dinner 6 days a week. The majority of the business currently comes from location and word of mouth but could certainly be increased with expanded hours and marketing.
• $350,000+ Gross Sales
• $129,000+ Net Earnings
• $150,000+ in Furniture, Fixtures, Equipment and recent lease hold improvements
• Turnkey Operation
• Excellent location
• Spacious fully equipped kitchen
• 2,000 sq/ft facility with 3 years remaining on lease
• New owner can retain same name and recipes or convert to new concept
• Seller financing shows owners belief in continued success
• Owner will train for 4 weeks in transition
As always, other brokers are welcome. Bring your qualified buyers while this opportunity still exists!
357758-RB Established Profitable Indian Restaurant in Central VA
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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
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