Asking Price: $200,000 Gross Revenue: $764,703Cash Flow: $169,982 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $8,000 not included in asking priceFF&E: $150,000 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.
Prime location Asian fusion restaurant placed in a high-income area and high visibility retail strip center is available for acquisition. This business was established originally established nearly a decade ago by the current owner of the business in 2009. Most of the customers are upper-class individuals that live in the surrounding densely populated residential neighborhoods and customers that visit from the nationwide grocery chain that anchors this business. Net sales average was $750,000/year that has been very consistent over the last several years with some marketing in place to bring customers on a weekly basis. There is minimal marketing done at this point and proactive marketing tactics needs to be fully utilized to generate more cash flow and acquire new customers from the untapped areas within the city, such as online and direct mailing. Competition is expected for this business industry, but the location of this business is far above the competition due to the accessibility and high visibility from the street. There are many ways to proactively market this business such as direct mailing, social media outlets, delivery service, daily specials, chef specialty, catering service and full-time owner involvement. Owner involvement is crucial to the growth of this business as managing the flow of the business will allow quality service and retention of customers. 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 operations.
Listing ID #000681
For more info, please call Kevin Chung at 1-866-519-2421.
About the Business
Denton County, Texas
Number of Employees:
This business is located in a 2,600 SF retail strip center that is surrounded by numerous densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.
Few competitors are within the area, but this business has an advantage with their location being extremely visible and easy to access facility compared to the competition.
Growth & Expansion:
Some marketing is in place to actively grow the business, but other proactive marketing methods are needed to further grow the business.
Prime Location Japanese Asian Fusion Restaurant in High Income Area
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