Asking Price: $595,000 Gross Revenue: $1,500,000Cash Flow: $350,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Established business for 10+ years. Gross Income exceeds $1.5 million/year. Net Income approximately $350,000/yr.
Very nice restaurant with outside seating and 2 bars. Keep same concept or change to a different menu with minimal work. Lots of event booking during the year. Great opportunity to prosper in this growing city of Winchester.
About the Business
Number of Employees:
Building Sq. Ft.:
300 Seats 1 Entertainment Space with Performance Stage 2 Bars Patio Seatings
Great location and has ben in business for over 10+ years with existing clientele. Well run business with great revenue.
Growth & Expansion:
There are limited types of restaurants in the Winchester area that there's lots of room to grow with a new concept, or keep the same concept with more marketing for events especially during the summer months.
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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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