Asking Price: $449,000 Gross Revenue: $655,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $50,000 included in asking priceFF&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.
This established Restaurant- Bar is a great opportunity for an existing operator to expand or the right candidate that is looking to strike out on there own could also enjoy seller financing, great lease and great revenue. Completely turn key, immaculate restaurant nestled in North Shore of L.I. , very affluent crowd. Event out-cove for parties seats 50 people comfortable and is a constant revenue stream. Full service bar with great sales. Great additional NY State board of health certified prep area downstairs, perfect for full catering business. Restaurant has full established entertainment, music as well as town approved outdoor music venue. 10 years left on lease, great lease terms.
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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
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