Business Overview

Very High Potential! Famous Japanese Restaurant!

Listing Price: $470000
Revenue: $1.44 Million

Financial

  • Asking Price: $470,000
  • Cash Flow: N/A
  • Gross Revenue: $1,440,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Brand new H-mart Area (Cumming Soon) 5000 sq with full kitchen upscale designed with many private rooms

Purpose For Selling:

different business

Additional Info

The company was started in 2019, making the business 3 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell businesses. However, the true factor vs the one they tell you might be 2 absolutely different things. As an example, they might say "I have way too many various commitments" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these may just be justifications to try to conceal the reality of changing demographics, increased competitors, recent decrease in revenues, or an array of other reasons. This is why it is extremely essential that you not depend absolutely on a vendor's word, yet instead, use the vendor's solution along with your general due diligence. This will paint an extra realistic image of the business's present scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous companies take out loans in order to cover items such as supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can imply that revenue margins are too tight. Many companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that need to be met or may cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location bring in brand-new consumers? Often times, companies have repeat clients, which form the core of their everyday revenues. Particular aspects such as new competition sprouting up around the area, roadway building and construction, as well as employee turn over can impact repeat customers and adversely influence future revenues. One crucial point to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the higher the possibility to develop a returning client base. A last thought is the basic location demographics. Is the business located in a densely populated city, or is it situated on the outskirts of town? How might the local average family income effect future earnings potential?