Asking Price: $99,000 Gross Revenue: $428,224Cash Flow: $65,347 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $75,000 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.
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.
Japanese-style buffet and to-go restaurant placed in a prime location of a wealthy city is available for acquisition. This business was originally established half a decade ago in 2012 by the current owner of the business. Most of the customers are young families with children in K-12 grade from the surrounding school campus as well as residents from the surrounding densely populated neighborhoods. Net sales in 2017 was $515,700/year that has been fairly steady for the last several years of operation with some marketing done with 3rd party delivery services and loyalty programs. Although some marketing was done to grow the business in sales, other proactive marketing methods needs to be fully utilized to generate more cash flow and acquire new customers. Competition can be expected for buffet-type restaurants, but this business provides an extremely affordable price point with a great selection compared to the other buffets in the area. There are many ways to proactively market this business such as direct mailing, coupons, delivery service, catering, social media outlets, more selections and full-time owner. Full-time owner involvement will allow the owner to cut unnecessary payroll expenses on management and allow for quality control in customer interactions as well as quality of products. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day operations of the business.
Listing ID #000601
For more info, please call Moon Kim at 1-866-519-2421.
About the Business
Denton County, Texas
Number of Employees:
This business is located in a 3,200 SF retail strip center surrounded numerous retail businesses that brings consistent foot traffic. All equipment is in impeccable condition and in working order.
There is no true competitor within the immediate market area of this business.
Growth & Expansion:
Some marketing is done through loyalty programs and 3rd party delivery service, but other proactive marketing tactics needs to be utilized to generate more cash flow and acquire new customers.
Japanese Fusion Buffet and To-Go Restaurant in Upscale N. Dallas
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
full Terms & Conditions.