Asking Price: $60,000 Gross Revenue: $130,000Cash Flow: $48,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $50,000 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.
Priced to Sell!!
Traditional Greek restaurant in the heart of a very busy mall centre with plenty of parking, located in a prosperous, desirable location in Williamsburg, VA. SALES BREAKDOWN: 50% Take Out, 10% Delivery, & 40% Dining In. Great kitchen area with a 10ft Hood.
This business has been family run for over 11 years, and is known to the locals for its good food and warm, friendly hospitality. Open (7) days per week. There's no direct competition for Greek food in the same area. Especially for the wide variety of traditional food on the menu.
With a new owner /operator working the restaurant and expanding on a new catering menu and creative marketing program, sales can be increased dramatically.
The restaurant has real authentic Greek food that tastes great.
Don't miss out on this opportunity to own this exclusive restaurant.
About the Business
Number of Employees:
Building Sq. Ft.:
This business has enjoyed consistent income with limited marketing.
Growth & Expansion:
With a high volume of traffic in the immediate area to go along with an excellent product make for this opportunity, best location for continued growth and success.
477180-CW Traditional Greek Restaurant in Williamsburg, VA.
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