Asking Price: $395,000 Gross Revenue: $1,650,000Cash Flow: $185,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 not included in asking priceFF&E: Not Disclosed 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.
About $1.6M Annual Net Gross Sale! (Tax Record show about $1.65M) Very Popular Asian Style Chicken Franchise business with Full Liquor License, located in a busy Rockville business area. Very well established and good reputation! Crystal Clear Financial Records! With their unique amazingly crispy, juicy, and flavorful chicken, and Asian Fusion dishes, this business has been growing since 2012 February's Grand Opening. SBA is quailed for a qualified buyer. As you know, this business transaction shall be conditioned upon Franchiser's Approval and lease.
Beer and Wine License is required.
MUST SEE this great opportunity!!!
Annual Net Cash Flow is after one of sellers salary (About $60Kper year)
Please contact me with your available CASH FUND amount, financial information and business experiences.
QUALIFIED BUYER ONLY!
Please fill out attached NDA for further discussion
About the Business
Number of Employees:
Building Sq. Ft.:
$8,978.00 Per Month
Located in a very busy commercial area in Rockville, MD
SBA QUALIFIED, Money Making Asian Style Chicken Franchise business !!
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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