Asking Price: $75,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $68,440 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.
Enjoy the good life! Located in a busy area of the Galleria right off the Plaza, this 695 square foot venue, with room for expansion. You can bring your own food concept or inherit proprietary recipes showcasing authentic Southern Chinese cuisine. Take advantage of this fast-casual restaurant with a high foot traffic location, a favorable lease, over $50,000 worth of leasehold improvements. Bring your own food concept or inherit proprietary recipes showcasing authentic Southern Chinese cuisine. This 695-square-foot venue seats up to 52 guests and can handle brisk to-go business. The space enjoys a high-profile location in the Plaza Galleria, a high-end shopping arcade that opens directly onto the Santa Fe Plaza, connecting East San Francisco and Water Streets. The galleria is anchored by the Santa Fe Visitors Center and is populated with art galleries, specialty retail, a coffee shop and bistro.
Highlights of the commercial kitchen include:
• 10-Foot Exhaust Hood
• 4-Door Fridge and Freezer
• Single-Door Fridge
• Mini Drink Display
• Electric Stream Warmer
• 7-Foot Kenmore Freezer
• Insignia 1.5 Cu Freezer
• True® Sandwich Fridge
• 10-Top Range
• 5-Star Single Floor Stove
• Two-Bracket Fryer
About the Business
Number of Employees:
Building Sq. Ft.:
This business enjoys a high-profile, central location. It’s in close proximity to most of Santa Fe’s major amenities. Parking is ample, making it convenient for the to-go service. You have the option of expanding into the neighboring space. The landlord will cover cost of improvements.
There are few prime locations right off the Plaza with lots of local and tourist traffic, that include brand new appliances and renovations. The Galleria on the Plaza is a local institution known throughout the community for its all-around friendly staff, consistently good food, prestigious retail business, and family-friendly environment.
Growth & Expansion:
New owners can grow revenue through expanding into carry-out catering and expanding menu options. The Galleria does allow Beer and Wine services and retrieving a license would be easy. There is also room for space expansion. Landlord has agreed to pay for these renovations out of pocket. An added monthly rent expense would be negotiated.
If new owners would like to keep the Chinese Noodle concept, the Seller is committed to seeing the business continue to grow and thrive under new ownership. They will negotiate a generous training and transition phase as well as leaving a book of recipes. They are planning to stay in the area and will be available for consultations after the close of the transition phase.
Centrally Located, Fast Casual Restaurant in the Plaza Galleria
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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