Asking Price: $195,000 Gross Revenue: $311,400Cash Flow: $76,400 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $12,000 included in asking priceFF&E: $27,620 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.
Profitable Oriental Restaurant established in the area for 30 years. The restaurant is on a main road with high visibility, and plenty of parking. The customer base includes 60% Dine In, 38% Take Out and only 2% Delivery, so there is room for growth. Many customers are repeat customers due to the quality of the food and the service provided. There is many factors that make this an excellent opportunity - Location, Established Name, Loyal Clientele, Profitable.
About the Business
Number of Employees:
Building Sq. Ft.:
The restaurant has 27,000 worth of Kitchen Equipment and Dining Room Furniture. The lease is a ten year term. parking for 60 cars.
There are other restaurants but this is a special Oriental Style of food.
Growth & Expansion:
Currently the delivery is only 2% it could easily be much more.
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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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