Asking Price: $949,000 Gross Revenue: $2,000,000Cash Flow: $275,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $100,000 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.
Business is booming!!! Want to own an amazing business on the beach? Look no further!! Rare opportunity to own your own beach bar in excellent location across the street from some of the nicest beaches in the state. Steady local business and busy tourist traffic make this a great opportunity as sales have been up year after year since present owner took over so bring your "A" game and continue the trend! This prime location has an "open air" design with large bar and full kitchen facilities. Sale includes Pinellas County 4cop quota license selling in the 300k range +/-. Possible Live/work scenario and sales are up 20% for 2019!
SBA qualified, PFS and NDA REQUIRED to receive any additional information.. Don't wait on this one, call Damon today!!
For more info on this and other opportunities, visit
www.tampabaybusinessgroup.com , request NDA 24/7
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