Business Overview

Established and well maintain Teriyaki Restaurant for Sale.
Business hours Mon-Fri :11am to 8pm, Sun 11am to 7pm. Two part time employees
Please call or text agent for more information.

Financial

  • Asking Price: $95,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $3,000
  • Inventory Included: N/A
  • Established: 2007

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:990
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

two weeks

Purpose For Selling:

retiring

Additional Info

The business was started in 2007, making the business 15 years old.
The transaction doesn't include inventory valued at $3,000*, which ins't included in the listing price.

The company has 2 employees and resides in a building with estimated square footage of 990 sq ft.
The real estate is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals decide to sell operating businesses. Nonetheless, the true factor and the one they tell you may be 2 entirely different things. As an example, they may state "I have way too many various commitments" or "I am retiring". For lots of sellers, these factors stand. However, for some, these might simply be justifications to attempt to hide the reality of altering demographics, increased competition, recent decrease in profits, or a variety of other reasons. This is why it is really important that you not depend totally on a seller's word, however instead, use the seller's response combined with your overall due diligence. This will paint a much more practical image of the business's current scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Many operating businesses borrow money with the purpose of covering items such as stock, payroll, accounts payable, and so on. Bear in mind that occasionally this can indicate that revenue margins are too thin. Many companies fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that have to be fulfilled or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location bring in brand-new customers? Often times, businesses have repeat customers, which create the core of their day-to-day profits. Particular factors such as new competitors sprouting up around the area, roadway building and construction, and also employee turn over can impact repeat consumers as well as negatively influence future profits. One crucial point to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more people that see the business regularly, the higher the opportunity to build a returning client base. A final thought is the basic location demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? Just how might the neighborhood median house earnings impact future earnings prospects?