The restaurant opens at 6:30am and offers coffee and breakfast items until 11:30am. They have a loyal following from the commuter rail passengers (across the street), town offices and local clientele. They reopen at 5pm with a simple dinner menu offing flat bread pizzas, wings, burgers and much more. They have 10 local brews on tap with inviting and relaxing chairs and couches to enjoy dinner and drinks. They also offer live entertainment Wednesday thru Saturday. Endless growth possibilities.
• Norfolk County
• Last 3 years avg. sales $386k yearly
• Seats 46 in dining area, 14 bar stools, and outdoor seating for 40
• Rent $2,500.
• 1,200 sq. ft.
• Asking $149k w/some owner financing
Asking Price: $149,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $2,500 not 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.
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.