Asking Price: $400,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
This award winning restaurant has been in business for over a decade. It boasts a loyal following of repeat customers. It has won numerous awards and accolades from local media outlets for their carefully prepared classic Indian cuisine. The restaurant has a strong repeat customer base supplemented by domestic and international tour groups and large catered outside parties and corporate events.
The restaurant seats 79 total (65 indoor, 14 outdoor), has 12 employees and a type 47 hard liquor license. The restaurant is located in a central downtown location and serves primarily local customers. Gross sales: 2017 - $890K, 2018 year to date $710K
Offered at only $400,000
This is a rare opportunity to a dynamic venue that can be left to successfully operate as is or modified as per a new owner’s desires.
This restaurant is part of a group of 3. You can buy all 3 at a discount.
About the Business
Monterey County, California
Number of Employees:
Seats 79 total (65 indoor, 14 outdoor)
In business for over a decade, this restaurant boasts a loyal following of repeat customers. It has won numerous awards and accolades from local media outlets for their carefully prepared classic Indian cuisine. The restaurant has a strong repeat customer base supplemented by domestic and international tour groups and large catered outside parties and corporate events.
Award Winning Restaurant with Full Bar in Great Downtown Location
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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
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