This Indian restaurant serves some of the very best Indian food in the entire state. Restaurant has been in business in the same location for 8 years . Absolutely amazing location in busy shopping area with tons of parking. The restaurant is situated in the middle of other restaurants and retail stores. Numbers are up every year. Staff in place for new owner. The restaurant has a tasty buffet for lunch and diners order off the full menu for dinner. The restaurant also offers catering and private functions. New owner could incorporate delivery for their gourmet Indian cuisine. Current owner does very little marketing to the local area. Nice long-term lease in place for new owner. Beautiful, clean updated dining room and kitchen. Rent is $4,000/mo with a $45,000 net cash flow. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at firstname.lastname@example.org or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
The seller will train the new owner of the business.
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Asking Price: $105,000 Gross Revenue: $280,000Cash Flow: $45,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $30,000 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.
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