Asking Price: $375,000 Gross Revenue: $1,000,000Cash Flow: $130,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $12,000 included in asking priceFF&E: $75,000 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.
This Café serves breakfast, lunch & a wide variety of house made baked goodies and provides catering services to the local businesses in the area.
This is a highly profitable business that has great potential for growth and a perfect opportunity for an owner operator to maximize profitability. The business is completely turn key with over $90,000.00 in restaurant equipment and inventory.
The Café has a below market lease, a fully trained staff of long-term employees and the owner is willing to work with the buyer to provide a very smooth transition of ownership without any interruption to the daily business.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Yr.:
The Café is 2200+/- sq' with additional storage in the basement. It has excellent street visibility with great curb appeal. Its open seven days a week with busy morning & lunch crowds. The rent is at an unbelievable rate of $2500 a month including CAM, taxes, insurance & HVAC maintenance & replacement.
The Café is located on a busy street amongst small companies and many offices which provides a steady flow of walk-in customers as well as a loyal base of office workers in the same building. The owners have strong long term-term relationships with their corporate clients.
Growth & Expansion:
New owners could offer delivery service and catering to local businesses. An increase in marketing dollars spent would support this growth. New owners could also add new locations in nearby towns that have similar demographics where many customers know the brand.
The owner is willing to work with the buyer to provide a very smooth transition of ownership without any interruption to the daily business. The owner will also turn over all recipes and all files needed for day to day operations and will share all operational systems used daily.
A money making local gem, one of the finest bakeries in the Andover's
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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
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