Asking Price: $199,000 Gross Revenue: $481,437Cash Flow: $60,399 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,500 included in asking priceFF&E: $130,000 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.
Prime location full service Italian restaurant with the only brick oven in the area is available for acquisition. This business was originally established by the current owner of the business in 2015. Most of the customers during lunch hours are office employees from the nearby businesses and families during dinner hours from the surrounding densely populated residential neighborhoods. Net sales average was $515,000/year that has been consistent throughout the past couple years through active social media campaign. Although some marketing is done through social media, other proactive marketing methods need to be utilized to generate more cash flow and acquire new customers. Competition can be expected for this industry, but this business is the only Italian restaurant in the area that has a brick oven within the facility. There are many ways to proactively market this business such as direct mailing, social media outlets, delivery service, 3rd party delivery, catering service, online orders and placing a manager to oversee the business. Hiring a manager to oversee the business will help the owner of the business fully focus on marketing and growing the business while the business is maintained by management. Catering service should also be utilized as many of the office employees can use this service for their office and family gatherings within the local area. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.
Listing ID #000610
For more info, please call Stephen Lee at 1-866-519-2421.
About the Business
Fort Worth, Texas
Number of Employees:
This business is located in a 2,600 SF retail strip center that is surrounded by numerous retail businesses and heavy foot traffic from the residential areas. All equipment is in impeccable condition and in working order.
There are no competitors within the immediate market area of this business.
Growth & Expansion:
Some marketing is done online through social media, but other proactive marketing tactics needs to be utilized to generate more cash flow and acquire new customers.
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the seller or a business broker representing the seller. BizQuest has no interest
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