Asking Price: $69,000 Gross Revenue: $500,000Cash Flow: $65,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $250,000 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.
If you are a chef looking for a gorgeous modern bistro to display your talents look no further. This 55 seat bistro has a modern motif that compliments this small manageable restaurant. Very low overhead. The seasonal patio with an outdoor bar also seats over 50 people and is great for private parties. Presently an American restaurant but any concept will work here! Owner spent over $250K a few years ago to build out this popular upscale restaurant and bar. For Confidential Information PLEASE FILL OUT A NON DISCLOSURE AGREEMENT ON LINE BY GOING TO abc4restaurants.com.
About the Business
Building Sq. Ft.:
Well maintained 2500 sf inside and patio that seats 50 plus. Located on a busy downtown street near a major highway and national retailers. All energy efficient lights and equipment create a utility bill averaging $1100 a month for gas,electric and water! Rent is $2000 per month including real estate tax and insurance. Private Parking lot and street parking.
Growth & Expansion:
This restaurant is open limited hours (5 nights). Opening for lunch and catering could build sales.
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
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