Asking Price: $5,400,000 Gross Revenue: $1,205,231Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $105,000 included in asking priceFF&E: $80,000 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.
GREAT REAL ESTATE with fantastic growth potential! Sale includes 2 separate businesses in operation for over 20 years, located next to each other on approx 3 acre lot. Both can be absentee owned and produce over $75,000 per year in SDE! Owner retiring, will only sell business and real estate together.
About the Business
Number of Employees:
Land was developed in 1997 and the 20,000 sqft entertainment venue was constructed. A house on the land was converted to an Italian restaurant and leased to a restaurateur who has been the only tenant. Both businesses have been very successful and the land has grown in value. Now with new land development in the area the future of both businesses is very bright. The demand for food and entertainment in the area is growing at a fast pace.
278236-BK GREAT REAL ESTATE! Entertainment Venue & Restaurant
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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
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