Asking Price: $326,700 Gross Revenue: $677,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: $50,000 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.
Fantastic long time drive thru burger restaurant. Sam's Super Burgers No. 2. This location is the second in the two restaurant organization. It has been in operation in the same location since the 1960s. The current owner has operated the business since 2003. The building is approximately 500 sf on a 10,330 sf lot. Lots of off-street parking and some outdoor seating. The business employs 10 part time workers and 3 full time. The FF&E is valued at $50,000. The store is open 7 days a week and is located on an extremely busy street. The lease expiration is June 30, 2023 and the monthly rent is currently at $3,900 per month NNN. The landlord would entertain extending the lease.
Sam's Super Burgers No. 1 is also available for sale. Please contact Rich for more information.
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