Asking Price: $225,000 Gross Revenue: $240,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $4,500 included in asking priceFF&E: $69,785 included in asking priceReal Estate: $210,000 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.
One year after opening this Pike County Arkansas restaurant, it was honored as the "BEST FAMILY RESTAURANT" in Southwest Arkansas by the local paper! This family-oriented restaurant specializes in good 'ole country cookin' - with the only buffet in town! The 2300 square foot building was built in 2006, and the current owners took over the restaurant in 2012.
The last three years have seen increasing revenues for this award-winning restaurant. Located in Pike County, one of Arkansas’ most popular tourist destinations, people come from all over the world to visit the nearby State Park - and everybody stops here to eat. Local competitors have closed business recently, eliminating nearby competition.
• Voted “Best Family Restaurant” by the local paper, this restaurant has quickly claimed stake to THE place to take the family for Great Food at Great Prices!
• The restaurant Grossed over $240,000 in 2015 - despite operating only 10 months of the year!
• TREMENDOUS GROWTH potential lay in the simple fact of staying open year-round
• The customer base is from local residents AND the steady stream of tourists from across the country and world - providing an eclectic and unique customer base
• During busy season the restaurant will average 350 customers per day!
• This opportunity is PRICED BELOW MARKET VALUE!
Award Winning Restaurant, with Real Estate Included
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