Asking Price: $120,000 Gross Revenue: $400,000Cash Flow: $50,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 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.
Authentic North Indian restaurant with traditional cuisine and placed in a prime location of a high-income city is available for acquisition. This business was originally established in 2017 by the current owner of the business. Most of the customers are upper-class Caucasian office workers that work in the offices near the traffic heavy highway and individuals from the densely populated residential neighborhoods that cover the area. Gross sales average was $32,000/month with additional $2,000-$4,000/month from catering that has been growing and been consistent over the last year as the location is very optimal for location marketing and word of mouth to spread. Although no marketing is in place other than their business website, other proactive marketing methods can be fully utilized to maximize income potential of this business while also reaching out further than the immediate market area to attract new customers. Competition can usually be expected for this business industry, but there are no competitors within the immediate market area that competes with the same concept as this business. There are many ways to proactively market this business such as direct mailing, social media outlets, coupons, daily specials, online ordering feature and additional catering sales. Increasing catering services will be the most beneficial in the long-run of this business as many homes and offices are placed nearby that will bring large amount of bulk orders that consistently are ordered each month. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
Listing ID #000757
For more info, please call Kevin Chung at 1-866-519-2421.
About the Business
Flower Mound, Texas
Number of Employees:
This business is located in a 1,750 SF retail strip center that is surrounded by many high-end retail businesses and a major highway that is busy throughout all hours of the day.
There are no true competitors within the immediate market area of this business.
Growth & Expansion:
There is no proactive marketing done other than their website and prime location.
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the seller or a business broker representing the seller. BizQuest has no interest
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