Asking Price: $150,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: $75,000 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.
Asian Cuisine Restaurant located in the Minneapolis skyway w/ a convenient dining area and counter-service! Turnkey operation. Sellers have done a great job with upkeep. Menu featuring: Egg Rolls, Dumplings, SweetnSour Chicken, Wonton Soup, specialty fried rice, noodles and entrees. Established since 1989. Purchase includes business and equipment. Operation hours are 10:30am to 3pm Mon - Fri. Owners retiring.
- Lots of walking traffic
- Training negotiable
- Rent $3,106.25/month + operating costs (Brand new 5 year lease)
- Seating 68
- Seller financing available w/ minimum of half down and a purchase price of $180,000
About the Business
Building Sq. Ft.:
$3,106.25 Per Month
1491 sq. ft. counter service, 68 seating, kitchen hood w/ 3 fryers and 2 section wok
Yes, but great walking traffic and convenient hours.
Growth & Expansion:
Opportunity to add additional catering service, third party delivery, and expand on hours/menu.
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. See our
full Terms & Conditions.