Asking Price: $299,000 Gross Revenue: $700,000Cash Flow: $140,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $40,000 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.
Profitable Specialty Buffet Style Restaurant in an upper -class neighborhood. Included in the sale is a Specialty Food Market that offers the same fare as sold in the Restaurant
About the Business
Number of Employees:
Building Sq. Ft.:
$6,014,000.00 Per Month
Founded in 2012, successfully operated until 2015 and business was sold and subsequently taken back in 2017, reopening was 2018
This restaurant has been recently remodeled and ready to grow. All it needs is new ownership with marketing experience
Growth & Expansion:
There is only one similar restaurant in Richmond and the cost of a meal is double the price of this restaurant. This is the only buffet style of its type in Richmond.
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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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