Asking Price: $127,000 Gross Revenue: $144,000Cash Flow: $31,750 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $57,000 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.
Charming restaurant in one of the picturesque Villages of Andalusia, in the South of Spain. Very well located in the center of town, with nice views over the central square, village & mountains. Business has many customers and is well positioned in the gastronomic and social guides. Dishes are modern Mediterranean cuisine. Profitability of 26% makes it a luxury to live and work in Spain. Currently the house for rent includes the restaurant and the living quarters.
About the Business
Number of Employees:
Fully furnished, fully equipped kitchen, living room: cutlery, tables, chairs, crockery, wine coolers, air conditioning / heat pump, air curtain. Interior room with capacity of 16/18 . Covered terrace with porch capacity 26/28 . Nice views to Sierra Basement & warehouse, freezers and refrigerators. Apartment for residence in the same picturesque beautiful house. Rent: $ 1.200
Though the current owners are open only at night during the summer months, the place has restaurants open the whole year. Restaurant has a 26% return from only open part time.
Growth & Expansion:
The very charming location is in the Sierra town of Andalusia. New owners could open all year round. The house has a basement to build a pub. The weather is great , and the views you see from the village are: the Mediterranean Sea, Strait of Gibraltar and the Rift Mountains in Morocco. This is very attractive to tourists and artists who make up 90% of the customers. Artists from around the world live here all year long.Great business opportunity.
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