Asking Price: $125,000 Gross Revenue: $427,219Cash Flow: $60,251 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $60,000 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.
Beautiful Italian Restaurant and Bar for Sale in Great Virginia Beach Location - Owner Retiring after over 25 years
• $425,000 + Gross sales
• $60,000 + Cash flow
• Operating successfully for over 25 years
• Dinner only 6 days a week
• Catering provided for extra income
• Food made fresh from scratch daily
• Fantastic reputation for food quality and service
• Located in busy strip center
• Recently remodeled
• Fully equipped chef’s kitchen
• Turnkey operation
• 2,400 square foot facility
• Full staff in place
• Seller financing shows confidence in continued success
• Owner will train free of charge for 4 weeks in transition
As always, other brokers are welcome. Bring your qualified buyers while this opportunity still exists!
Beautiful Italian Restaurant for Sale - Owner Retiring
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.