Asking Price: $148,000 Gross Revenue: $325,719Cash Flow: $51,699 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $63,000 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 Sushi Restaurant in busy plaza with Beer and Wine License. Highly rated on YELP with good reviews. The location is close to residential and office buildings. Established for more than a decade with current owner running it for seven years. Seller is ready to retire. Restaurant is conveniently located on a busy main street and can be reached easily and is quickly accessible. Plenty of parking available for customers. For additional information please contact Listing Agent Jim Chiu at 619-366-8525.
About the Business
Number of Employees:
This is a leased location of 1,984 square feet with a Total Rent of $5,229. Lease ends 10/2019 . Seller is active in the business with 4 FT employees and 4 PT employees. Hours of operation are M-Sat 11am - 9pm; Sun. 1pm - 9pm. $10,000 in Inventory and $63,000 in FF&E included in Asking Price. $30,000 made in Leasehold Improvements. Beer and Wine License Required.
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