||Employees||2 full, 10 part
* Included in Asking Price
$600,000 in Buildout at this Ultra-Trendy Made-to-Order Eatery
Over $600,000 and buildout at this ultra-trendy made-to-order eatery! Fresh, authentic Chinese menu with a Chipotle-style counter service concept. This business is well-positioned in one of Omaha’s most sought-after locations with walk-in traffic from hungry office workers at the nearby Fortune 500 companies. This restaurant also benefits from exposure at many events and festivals hosted right at its doorstep.
With 12 existing employees including a trained general manager and an assistant general manager, this truly is an absentee-owned business. An incoming owner could decide whether to work in the business day-to-day or to oversee operations as a passive investment. The existing owner (who also owns several other businesses) will also provide 90 days of training to allow the incoming owner to be successful starting at day one!
Location: Central Omaha mixed-use development
Demographics: Fortune 500 company headquarters within walking distance.
Capacity: Seating for 75
Employees: 12: 1 GM, 1 AGM, 7 Wait staff & 3 cooks
Growth Opportunities: catering, lunch boxes for corporate locations within walking distance
Current Owner’s Responsibilities: Absentee
2015: $578,046 annualized
Cash Flow as Owner-Operator
2015: $115,856 annualized
Sales Trends: 18% growth in Cash Flow from 2014-2015!
Profit Margin: 20% in 2015
Cash Flow as Absentee Owner
2015: $77,006 annualized
Valuation (as Absentee Owner):
2014 Cash Flow x Multiple = Price
$70,950 x 3 = $212,850
Assets Included in Purchase:
Intangible Assets: Approximately $600,000 in startup and buildout costs
*amounts may vary
Purchase Price: $212,000
10% Buyer Down Payment: $21,200
15% Seller Financing: $31,800
75% Bank Loan: $159,000
In the above scenario, the assets and equipment included in the business would collateralize an equipment loan from a lender.
After all loan payments are made, a new absentee owner would realize a net operating income of $36,644 in the first year (172% of the initial down payment investment), while an incoming owner-operator would earn $63,944 (three times the initial investment).
|Facilities:||Location: Central Omaha mixed-use development Capacity: Seating for 75 Hours: Mon - Sat 11 am - 9 pm; Sun 12 pm - 9 pm|
|Growth Potential:||catering, lunch boxes for corporate locations within walking distance|
|Sale Reason:||Owns several businesses|
Seller Reference #RES044
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