Gon Jung Inc.
Limited-Service Restaurants · Ithaca, NY
Gon Jung Inc. is a business in Ithaca, New York, listed under limited-service restaurants, with 5 to 9 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $200K to $540K.
Public record
- Industry
- Limited-Service Restaurants (NAICS 722513, as reported by the business)
- Location
- Ithaca, New York
- Staff
- 5 to 9 people (as reported in 2020 to 2021)
- Local rank
- #23 of 29 businesses in Ithaca listed under limited-service restaurants, by staff size (2020 to 2021)
- Registration
- Active (as of October 2026)
- Formed
- October 21, 1996
- As of
- 2020 to 2021. Details may have changed since then.
What businesses like this sell for
Businesses in Limited-Service Restaurants with 5 to 9 staff, bought 2023 to 2026. Based on 195 purchases.
Loans used to buy them
$170K to $460K
Middle loan about $290K
Estimated purchase prices
$200K to $540K
Middle price about $350K
How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Gon Jung Inc..
Financials of businesses like this
Average revenue
$630K
a year
Average payroll
$144K
23% of revenue
Average staff
6.7
people
US averages for limited-service restaurants with 5 to 9 staff, 2022 (33,316 businesses). These are not Gon Jung Inc.'s own figures; its own revenue and profit are what a valuation needs.
Value Gon Jung Inc. on Value Alpha
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Restaurants and Other Eating Places in New York: the sale report
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Questions
- How much is a business listed under limited-service restaurants worth in New York?
- From 2023 to 2026, businesses listed under limited-service restaurants with 5 to 9 staff sold for about $200K to $540K, with a middle price of about $350K, based on 195 purchases. A business's own value depends on its revenue, profit and owner pay.
- How current is the information about Gon Jung Inc.?
- The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
- How can the owner of Gon Jung Inc. get a valuation?
- Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.
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