Asking Price: $75,000 Gross Revenue: $920,024Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: $35,000 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.
Great opportunity to own a restaurant on the New England Seacoast at an amazing price! This is a turnkey business, set up to run without owner oversight. The large and spacious building has been well maintained and completely refurbished within the year. There is a large bar throughout the center of the space and a protected deck in the back of the restaurant for outdoor seating. The restaurant maintains an All Alcoholic Beverages License.
Seller must unload the business due to growing chain of in other areas of the country. He doesn't have time to deal with this one and ready to move on. Only $75,000 for everything!
About the Business
Building Sq. Ft.:
$5,500.00 Per Month
2,800 SF inside and 650 SF of deck space Seating Capacity: 120 total seats inside and on the deck Parking Spaces: Approximately 40 private parking spaces Base Rent: $5,500.00
The restaurant is well known and draws customers from many of the surrounding towns. It is in a high profile location with excellent street exposure. The area is known as a tourist destination while having a strong local clientele. There are several other restaurants nearby but this one is located on a main thoroughfare with great access.
Bar & Restaurant for Sale - Southern Maine Seacoast! Amazing Price!!
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.