Asking Price: $45,000 Gross Revenue: Not DisclosedCash Flow: $75,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&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.
For over 30 years, the Shin La has successfully provided Korean and Japanese fare to area residents as well as visitors to Brattleboro, VT. The structure of the business is relatively simple and easy to operate with a minimum of staff. The owner is responsible for preparing meals, purchasing and overall management. She is assisted by a kitchen helper, an evening dishwasher, and 3 wait people.
The business is open from for lunch and dinner from 11am until 9pm, Monday thru Saturday. The business is nicely supplemented by those ordering for take out.
The business is situated in one of Vermont’s most desirable communities which has often been cited in national publications as one of the best places to live. Brattleboro is an active community with numerous arts and cultural events, outdoor oriented activities (skiing, water related sports and more), good schools and services are readily available.
About the Business
Number of Employees:
The restaurant has a prime location central to shops and events in this active community. The business leases 1,470 sq. ft and seats 50. A long term lease is being offered and an option to purchase the building is a possibility.
There are numerous food establishments in the community as well as outlying areas. This business has done well by offering good healthy food at reasonable prices.
Growth & Expansion:
While doing well, a new owner has the opportunity to expand the business. Promoting additional take out and catering business; utilizing avenues of advertising—particularly social media; adding some menu items; expanding beer and wine offerings.
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
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