Asking Price: $89,999 Gross Revenue: $250,000Cash Flow: $90,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: $25,000 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.
Located in an upscale community, this restaurant is in a prime location for an Asian restaurant. Currently serving only dinner service six days a week, a new restaurant owner could continue to run this cash flowing business as is or take the concept in a new direction with new hours, new menu items, and expanded delivery service.
This restaurant comes with a staff and all of the equipment needed to continue to serve the immediate community as well as the Wake Forest and North Raleigh communities nearby.
Having been in operation for more than a decade, the current owner has another business that's become a priority, opening the opportunity for a new owner to make the most of this opportunity.
Rent shown includes CAMs.
Submit an inquiry to immediately receive a Non-Disclosure Agreement; a Confidential Business Review is available to buyer prospects and complete tax returns are available for review after an accepted offer.
About the Business
Number of Employees:
Building Sq. Ft.:
$2,052.00 Per Month
Ample kitchen equipment, more than 50 chairs including outdoor seating, plenty of parking, strip center arrangement.
Hidden Gem; Asian Restaurant with Captive Audience...
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or stake in the sale of this business and has not verified any of the information
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