Asking Price: $69,500 Gross Revenue: $302,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $62,000 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.
The store has operated for 24 years in the same location and has multiple generations of patrons which frequent. The business serves fresh all natural food in a casual environment with approximately 40 seats and has a good carry-out as well. The operation is very easily managed and the staff will stay if desired. Owner is willing to finance 20% on very easy terms. Priced reduced for quick sale, records available after Non disclosure/ confidentiality and proof of funds. Newer Equipment, large kitchen and two hoods. The hard work has been done, and a great base is well established minimizing risk. Store can easily double it's revenues with proper strategies. Owner must relocate for family reasons. WELL KNOWN and ESTABLISHED BUSINESS AWAITING NEW OWNERS.
About the Business
Number of Employees:
Building Sq. Ft.:
The restaurant is in on a corner cap with excellent parking and ingress/egress. Approximate leased space is 1625SF. All assets are free and clear and will convey with BOS.
Standard competition for the market area. This store sets itself apart with it's time tested recipes and making foods from scratch using all natural products. Population increase and building of multi family residences within 1 mile means more foot traffic. Near proximity to Siesta Key Beach. This business is a landmark.
Growth & Expansion:
Additional things which could be done to increase revenues are: extended weekend hours, offer Saturday or Sunday brunch, offer delivery, advertise catering, expand outdoor seating area, implement e-commerce.
A GREAT DEAL /Premium Location/Great Reviews/ THIS IS THE ONE YOU BUY
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