Asking Price: $150,000 Gross Revenue: $490,000Cash Flow: $125,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $6,000 included in asking priceFF&E: $60,000 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.
Well established Asian Bistro has served as a staple in the highly sought after Charles Village historic community for almost 20 years. Recently renovated and licensed for live entertainment accompanied by a liquor license, this location gives potential owners the opportunity to corner the night life of a diverse high to middle income community. Over 75 seats, not including outside seating during the summer months. Gross Sales are roughly $12k per week. Building also consist of 5 room living space on the top floor that can easily be rented out as individual units. Perfect for the experienced operator looking for a second or third location.
About the Business
Number of Employees:
Building Sq. Ft.:
$1.18 Per Month
No competition within 1.5 miles.
Growth & Expansion:
This business is licensed for 3 live entertainment events per week which has yet to be taken advantage of. Furthermore to obtain permission in this protected historic community is very rare. Outdoor seating coupled by a stable liquor license in regards to the new zoning laws, allows new owner to develop this establishment into a thriving business that benefits from the lunch rush consistently and allows locals the option of a entertainment venue which doesn't currently exist within 2 miles.
Premier Asian Bistro for sale in Historic Charles Village
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