Asking Price: $90,000 Gross Revenue: $720,000Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Reduced asking price $150,000 to just $90,000 ( OBO) Quick sale due to the urgent need to move overseas, seller needs to unload a successful restaurant in Arlington, VA. 60 seats. 1,800 square feet. New lease to be structured. Currently no beer/wine/liquor but can be added for additional income and attraction. Gross over $700,000/year. Current rent is approximately $6,700/mth including net charges (Real Estate Tax, Insurance, Common Area Maintenance). Can keep the same menu or change to a different menu. Contact Mr. Vinh/Westgate Business Group 703-609-4640 for further info.
About the Business
Number of Employees:
Building Sq. Ft.:
$3.75 Per Month
1,800 square feet. 60 seats. 30 parking total.
Not much competition with the current menu
Growth & Expansion:
Can keep the same menu or change to any new concept
Authentic Middle Eastern Restaurant For Sale (Price Reduced)
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