Asking Price: $60,000 Gross Revenue: $280,658Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $40,000 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.
Playbook Advisory has been engaged to sell the assets of an established farm to table, comfort food, dine in or carry out restaurant located in a busy shopping district in an affluent North Shore Chicago suburb. Its unique concept emphasizes quality and value. The Company’s guests have come to expect the friendliness and delicious food it has worked hard to provide. The Company’s ingredients are fresh and all menu items are made to order. It has amazing potential to grow even bigger with its proximity to public transportation.
The Company prides itself on its fresh take on American comfort food. Using only the best, organic ingredients, it turns out classics like fried chicken, pulled pork, mac and cheese, collard greens and much more. The Company has two experienced chefs currently on its payroll that will stay on after the company is sold. All staff members know the restaurant inside and out including regular guests, the equipment, and the equipment maintenance. The ordering and scheduling is handled by the sellers and will either be turned over to the new owner or one of the chefs.
Interested buyers are required to execute an electronic NDA prior to the disclosure of the name and location of the Company. Please call Jim Peddle at 312-525-9622 or email at firstname.lastname@example.org.
About the Business
Number of Employees:
Building Sq. Ft.:
The Restaurant operates out of a single, 2,049 sq/ft facility capable of seating 80 customers inside and 20 more outside on the connected patio.
The Company is unique to its territory with no other restaurants like it for miles. There are few other restaurants in its immediate territory and none of them have the same kind of farm to table offerings or its sellers’ fantastic culinary reputation.
Growth & Expansion:
A new owner has an excellent opportunity to build a marketing plan for the Company almost from scratch. There is plenty of room for investing in social media marketing, SEO, paper marketing materials, ads in culinary magazines, and much more. A new owner could easily take the business to the next level with a little extra time and material.
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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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