Asking Price: $199,000 Gross Revenue: $2,068,462Cash Flow: $168,051 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $443,750 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.
Aggressive pricing for quick sale. This restaurant is consistently doing approximately $1.75 million in annual sales this restaurant has enormous potential. A massive 7,500 SQ FT space that can comfortably seat 250 with no expense spared on the tenant improvements. High end furniture, fixtures and equipment adorn this beautiful interior with a full bar and three separate dining rooms. The space is perfect to accommodate a large chain restaurant and the space can easily be converted. This type of restaurant is a fit for seasoned restaurant operators that have adequate financials required for landlord review. It is perfect for corporate events, large family gatherings, and does huge business on/around all holidays. This restaurant is located very near a new Amazon distribution facility that is expected to open in August that will employ over 1,000 workers. Currently run by an absentee owner. The seller would consider carrying a note for qualified purchasers. NDA & Buyer Profile required for information on this business opportunity.
About the Business
Marion County, Oregon
Number of Employees:
Building Sq. Ft.:
$15,000.00 Per Month
Large 7,500 square foot space consists of very attractive modern upscale sushi bar with Japanese steakhouse including private dining rooms to host private parties as well as an outdoor patio. High quality Hibachi tables, beautifully furnished in excellent condition.
This restaurant offers a unique experience like no others in the area and can accommodate very large parties that most restaurants cannot. Very attractive space in an ideal location with trained staff and a different intimate dining experience with bar and restaurant provide a competitive advantage from other area restaurants.
Growth & Expansion:
Expansion of a formal sales and marketing program to expand number of corporate events/parties, tour groups, and large events can contribute to increased growth. This restaurant has year over year growth in sales despite little marketing with sales revenues as follows: 2016 - 1.56 million, 2017- 1.94 million, 2018 - 2.07 million.
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