Asking Price: $400,000 Gross Revenue: $1,000,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Located in a busy/popular plaza, no expense was spared in this beautiful space (over 900K). Specializing in Chinese and Japanese food, this restaurant offers an oyster bar, sushi bar, keno, catering and function room. Dine in or take out, the comfortable and warm ambiance provides a fabulous experience for diners. From friendly service to a relaxing atmosphere, the staff welcomes you to come in and take a break from the bustling city streets after work.
PARKING: Ample parking
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: 10-year lease with two (2) 5-year options
BASE RENT: $6,200 per month plus NNN
CONCEPT: Chinese/ Japanese cuisine
SEATING: Capacity of 130 persons (16 seats at bar)
SIZE: 4,000 square feet
HOURS: Open from 11:00 AM - 10:00PM 7 days
LICENSES: Full Liquor License plus Keno
SALES: $1M in 2018
ASKING PRICE: $400K (For the assets of the Business including the liquor license)
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
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