Asking Price: $305,000 Gross Revenue: $650,000Cash Flow: $97,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $250,000 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.
Fantastic opportunity to own an established Italian restaurant in a prime location. With 50 years in business and 14 years in the same corner location on a major road this is a turn key opportunity for a new owner. With over $200,000 in kitchen equipment, $200,000 in build out, large outdoor seating, and a banquet room for parties this won't last long. Proven success spanning 5 decades means a new owner will not have to be concerned about turnover, and a proven formula and menu means you can come in and start making money immediately.
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or stake in the sale of this business and has not verified any of the information
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