Business Overview

This is a fantastic location that has been open since 2007, that has a great customer reputation.

Offers a full menu to include traditional Filipino and Japanese dishes. Soups, noodles, fried rice, and bento boxes. Beer, Wine as well as Sake also available.

Currently open seven days a week which is a great place to meet for lunch or dinner with family and friend.

Financial

  • Asking Price: $174,999
  • Cash Flow: N/A
  • Gross Revenue: $345,893
  • EBITDA: N/A
  • FF&E: $75,000
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2007

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,500
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Located off a main roadway that offers plenty of parking

Is Support & Training Included:

Seller will be available for 14 days at a minimum of four hours per day at no additional cost to the buyers.

Purpose For Selling:

Other Commitments

Pros and Cons:

Continue to promote and market with the current customers, offering promotions, discounts for referrals.

Opportunities and Growth:

Grow current website and utilizing all forms of socials media marketing.

Additional Info

The business was started in 2007, making the business 15 years old.
The transaction shall not include inventory valued at $5,000*, which ins't included in the suggested price.

The company has 2FT 2FT employees and is located in a building with approx. square footage of 1,500 sq ft.
The property is leased by the business for $2,500 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals resolve to sell operating businesses. Nevertheless, the real factor and the one they tell you might be 2 absolutely different things. As an example, they might say "I have a lot of other responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these may just be reasons to try to hide the reality of changing demographics, increased competitors, current decrease in incomes, or a range of various other factors. This is why it is very important that you not count totally on a vendor's word, but rather, utilize the seller's answer along with your total due diligence. This will repaint an extra reasonable picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses borrow money so as to cover things such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can indicate that revenue margins are too tight. Numerous businesses fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that need to be satisfied or might lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in new customers? Often times, businesses have repeat clients, which develop the core of their daily revenues. Specific aspects such as new competitors sprouting up around the area, road building and construction, and employee turn over can influence repeat consumers and negatively influence future incomes. One crucial point to consider is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business often, the greater the chance to construct a returning customer base. A final thought is the basic area demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? Just how might the neighborhood average house earnings impact future income potential?