Asking Price: $150,000 Gross Revenue: $408,000Cash Flow: $36,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $8,000 not included in asking priceFF&E: $80,000 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.
Serving delicious desserts accompanied by coffees and teas, this business was started with a branding concept in mind. But after just one year, the absentee owner has been given an opportunity out of the country and has decided to move and sell this turn-key dessert bar after having invested in a beautiful build-out. After only 1 year and as an absentee owner, he has a small profit with great expectations for a buyer, especially one interested in participating in the day to day running of the business. With a little marketing in the high-end neighborhood it's located in, the business will flourish.
About the Business
Number of Employees:
Brand new build-out with room to spare for additional seating,but most of the patrons line up to buy coffee and dessert and leave for work or order deliveries. The ground floor is 1,150 sf and the basement is 350 sf with a walk-in box and 2 refrigerators.
Growth & Expansion:
After just one year the revenues keep escalating. Marketing in this high-end neighborhood will pay off big time.
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.