Asking Price: $60,000 Gross Revenue: $188,320Cash Flow: $38,955 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $30,000 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-run home-style burger joint serving breakfast, lunch and dinner is available for acquisition. This business was originally established in 2016 by the current owner of the business. Most of the customers are corporate employee from the nearby office that comes during the lunch hours and families that live in the densely populated residential neighborhoods during dinner hours. Net sales average was $165,000/year that has been consistent throughout the last few years of operation without any proactive marketing done to grow the business. Although no marketing is in place at the current time, word of mouth has brought ample amount of customers and can further benefit by marketing proactively within the local area to generate more cash flow as well as acquire new customers. Competition is also expected for this type of business, but most of these competitors are fast-food chains compared to this home-style burger that they offer at this business that are both inexpensive and high-quality. There are many ways to proactively market this business such as direct mailing, door hangers, coupons, 3rd party delivery service, social media outlets and hiring a management team to operate the business. Cutting the owner's hours to part-time in the business can help this burger joint grow outside the business as the owner can fully focus on marketing the business and keeping the operation running smoothly. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
Listing ID #000663
For more info, please call Kevin Chung at 1-866-519-2421.
About the Business
Fort Worth, Texas
Number of Employees:
Building Sq. Ft.:
This business is located in 1,100 SF retail strip center that is placed next to a very traffic dense intersection and is next to a major bank office building. All equipment is in impeccable condition and in working order.
Few competitors are within the immediate market area, but the price point provided at this business is very inexpensive and the quality is superior to the competitors for the price range.
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.