Listing ID: 82583
American Fresh Sushi & Ramen is the premier sushi restaurant in Billings and is for sale at $79,000. Located in the Rimrock Mall food court, American Fresh Sushi benefits from the 1 million+ mall visitors each year. While our sushi is the freshest and finest quality in town, what customers love most is the excellent pricing. We offer better prices than other companies in our industry meaning you’ll get a better deal on your bulk purchases of tasty sushi. We offer Grab and Go or made to order sushi. Freshly prepared, easily accessible, delicious and healthy are descriptions often heard at American Fresh Sushi.
Sale includes 1 commercial freezer, 1 commercial refrigerator, prep-table, display case, commercial stainless table, cookers for rice, soup warmer, pasta cooker, oven, fryer, and much more.
American Fresh Sushi recently enjoyed a complete renovation and is in compliance with all current health standards for food preparation.
- Asking Price: $79,000
- Cash Flow: N/A
- Gross Revenue: $100,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: N/A
The real estate is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals resolve to sell businesses. Nonetheless, the real reason and the one they say to you might be 2 absolutely different things. As an example, they may claim "I have way too many other responsibilities" or "I am retiring". For many sellers, these reasons are valid. However, for some, these may simply be justifications to try to conceal the reality of altering demographics, increased competition, current decrease in incomes, or a range of various other factors. This is why it is really vital that you not count absolutely on a vendor's word, but rather, make use of the vendor's response along with your general due diligence. This will repaint a much more reasonable picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses take out loans with the purpose of covering points like supplies, payroll, accounts payable, so on and so forth. Remember that sometimes this can mean that profit margins are too thin. Numerous organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that must be satisfied or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location bring in new customers? Many times, operating businesses have repeat clients, which develop the core of their everyday earnings. Specific factors such as new competitors growing up around the location, road building, and also personnel turn over can impact repeat customers and adversely affect future profits. One crucial point to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business regularly, the higher the chance to build a returning client base. A final idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? Exactly how might the neighborhood mean house earnings influence future earnings prospects?