Asking Price: $45,000 Gross Revenue: $350,000Cash Flow: $35,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $55,000 included in asking priceReal Estate: Not Disclosed Share 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 Themed Restaurant And Bar.
Located in the Heart of Hampton Roads
Dense Commercial and Residential Surroundings.
Established in 1999 | Recognized Local Brand.
Purchase this profitable Asian themed restaurant located in the heart of Hampton Roads. That’s just a few minutes from the interstate, military concentration, Hospitals, popular shopping district and the densely populated downtown area. With a recognizable service and 2,200 SF strip center space, one of Hampton Road's original asian-themed restaurant/bar establishments is ideally located near near a HIGH-TRAFFIC. This Restaurant offers Asian themed food items to eat in or take on the go, as well as a stocked bar for patrons to enjoy a beverage with their meals or unwinding with an ice cold drink after a long day. This Space benefits from a steady flow of local residents, commuters, students and other patrons. Given the dense surrounding of residences and commercial strip centers as well as professional offices, this is a versatile well-located business with lots of potential. Rent is $5,200 per month with a lease good through September 2016 with an additional Five (5) Year option to follow. This is perfect small investment or ideal opportunity for a restauranteur looking to break into the popular Hampton Roads food industry with a recognizable and pre-established business with pre-existing system and client base. Don’t let this opportunity pass by without finding out more.
Contact Fouad Mohit for information:
Cell: (757) 237-2301)
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