Asking Price: $320,000 Gross Revenue: $1,200,000Cash Flow: $250,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $140,000 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.
This is a long established Chinese Buffet restaurant just minutes from Disney, mainly buffet but does Menu as well. Cant seat up to 200 people. Fully equipped and in great condition. Turnkey business in a great location. Easy to manage and making great return on investment. owner works 20 hours a week. Full kitchen Manager and staff in place. Wine and Beer License.
About the Business
Number of Employees:
Building Sq. Ft.:
5600 sq ft - rent including insurance and Cam total $13,700 a month. 4 Years left on renewable 5 years lease.
Growth & Expansion:
Building on Main Road very close to Disney, great opportunity to exploit the take out and delivery market which is un tapped right now. Average monthly sales $100,000. Sales have been consistant for the last 5 years.
Very Profitable Chinese Buffet Restaurant, close to Disney
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