Asking Price: $50,000 Gross Revenue: $223,500Cash Flow: $25,656 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $40,000 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.
Beautiful and Elegant Indian Cuisine located in the East Village section of Lower Manhattan. Food is great and the reviews can prove it. Newly renovated and lightly staffed. A newcomer to the East Village serving an authentic taste of India. Heavy foot traffic during the weekend night life which is anything close to normal in Astor place. Owner operated and consisting of 2 employees. Catering is available. Many take out sales during early afternoon as well. Great lease terms with a reasonably low rent rate for neighborhood. Business is open 7 days a week.
Owner is highly motivated to sell. All FF&E's are included in sales price.
East Village Indian Cuisine for Sale/Price Reduced
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