Asking Price: $225,000 Gross Revenue: $562,880Cash Flow: $68,986 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $6,000 included in asking priceFF&E: $173,795 included in asking priceReal Estate: Not Disclosed Share 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.
Two restaurants with a 40-year-long tradition of serving high-quality, reasonably-priced food. Both are in high traffic locations with drive-up window, easy access and ample parking. They have a loyal customer base and plenty of 5-Star Reviews.
From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #3 Most Business-Friendly Tax Climate.
About the Business
Washoe County, Nevada
Number of Employees:
2 Locations – 950 sq. ft . & 1,500 sq. ft.
This specialty restaurant is the only one of its kind in the Reno/Sparks area. Longstanding, loyal customer base.
Growth & Expansion:
New owners could expand the business by opening earlier and staying open later. Offering a breakfast menu could bring in more income, as could adding alcohol to the menu. The present owner does very little advertising or marketing. They open at 11am and close at 8pm, and could offer longer hours. Opening for breakfast would substantially improve income, and catering is always an option.
2 Profitable & Established Fast Service Restaurants
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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