Asking Price: $299,900 Gross Revenue: $611,908Cash Flow: $72,815 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $12,000 included in asking priceFF&E: $30,100 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.
Family style restaurant overlooking the Ohio River. Serves Breakfast - Lunch - Dinner- Buffet or from the Menu. Catering and banquet room available for special events.
This historic restaurant has created many family memories while watching countless steamboats navigate the Ohio River.
About the Business
Number of Employees:
3235 square feet - Concrete Block and Brick. Sets on 1.9 acres. Seats 60 downstairs and 50 upstairs. Overlooks the Ohio River. Built in 1968 this restaurant has been a steady consistent staple for 50 years.
No competition locally, especially with the longevity and history. People drive from all over Kentucky and Indiana to come dine at this scenic overlook of the Ohio River.
Growth & Expansion:
Regional marketing should increase table service. Increase hours of operation. Online marketing and sales of the restaurant's iconic pies, soups and other products.
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
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