Asking Price: $399,000 Gross Revenue: $904,000Cash Flow: $165,000EBITDA: $190,000Inventory: $10,000 not included in asking priceFF&E: Not Disclosed 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.
Not a lot of room for price negotiation**
Are you looking to own very profitable Business in Howard County? This is it.....
An amazing pizza restaurant in Elliott City, Howard county up for sale.There are single family homes, apartments, town homes and offices to get customers from. This is upscale area therefore people spend good money in food. This restaurant makes its OWN dough, marinara sauce and other items from scratch which differences from competitors. Seats have been upgraded. Cooks have been working there for 11 and 7 years means its good place to work. Drivers and front desk employees make good money and tips resulting longer tenure of employment.
New Owner can renew/apply for beer and wine license(used to have it)and may add other food concepts for additional revenue.
Mgr Salary- $4,000/mo- You can keep if you manage yourself.
SBA Loan approved business. You must have good credit and 20%-30% down payment on hand. SBA may require collateral and verification of 3 months of bank statements for down payment. Gift fund are acceptable as long as it doesn't exceed 50% of down payment amount.
Food Experience and owning a home is preferred by Landlord.
The information on this listing has been provided by either
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
full Terms & Conditions.