Asking Price: $1,400,000 Gross Revenue: $2,307,126Cash Flow: $462,352 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This truly is an amazing opportunity to take a 100% absentee bagel store to another level. 25 years established, store grosses in the neighborhood of 55-60k weekly in summer months and 35-40k weekly in Winter(off season). 3600 sq feet, some more details that we can discuss verbally but not in this ad piece. Owner is now retiring and looking for the right buyer. Contact your broker or Henry Galasso ONLY if you are registered with us and have PROOF OF FUNDS!
100% ABSENTEE! Bagel Store South Shore $44,000.00 Wkly-Oceanside Area
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