Summary: 
$600,000 in Buildout at this Ultra-Trendy Made-to-Order Eatery
Business Type: 
ethnic
Business Type: 
food
Location: 
Nebraska
Price: 
$212,000
Sales Revenue: 
$543,048
Cash Flow: 
$98,250
Realestate Included: 
No
Inventory: 
$8,502
Employees: 
12
Internal Listing:: 
RES044
Reason for Sale: 
Owns several other businessess

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!

Financial Overview
List Price: $212,000
Gross Sales
2015: $578,046 annualized
2014: $543,048
2013: $527,413
Cash Flow as Owner-Operator
2015: $115,856 annualized
2014: $98,250
Sales Trends: 18% growth in Cash Flow from 2014-2015!
Profit Margin: 20% in 2015
Cash Flow as Absentee Owner
2015: $77,006 annualized
2014: $70,950
Valuation (as Absentee Owner):
2014 Cash Flow x Multiple = Price
$70,950 x 3 = $212,850

Assets Included in Purchase: $170,552
Equipment: $162,050
Inventory: $8,502
Intangible Assets: Approximately $600,000 in startup and buildout costs

*amounts may vary

Business Information
Year Established: 2012
Location: Central Omaha mixed-use development
Demographics: Fortune 500 company headquarters within walking distance.
Capacity: Seating for 75
Reason for Selling: Owns several other businesses
Employees: 12: 1 GM, 1 AGM, 7 Wait staff & 3 cooks
Hours: Mon - Sat 11am - 9 pm; Sun 12 pm - 9 pm
Seller Training Period: 90 Days
Growth Opportunities: catering, lunch boxes for corporate locations within walking distance
Current Owner’s Responsibilities: Absentee

Funding Example
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).

Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

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