Asking Price: $175,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: 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.
The well equipped commercial/catering kitchen with a small restaurant storefront was built out in 2017. However, owners' health concerns is forcing the sale of all assets. The spacious kitchen is ideal for any catering/wholesale food business with 2 large walk-in coolers, 1 walk-in freezer, cooler room with bottling/packaging equipment (for bottling sauces etc.), 21 foot hood, and many more! Back door leads to additional parking spaces which is perfect for catering/delivery vehicles. Additional garage for storage and gated parking (for food truck) is also available if needed for additional $650/month (optional). Act now, as this one won't last! Priced for a quick sale!
About the Business
Number of Employees:
Building Sq. Ft.:
Approximately 1,750 sq ft Low rent of only $2,200/month total! You can't beat that rent! 4 years left on lease with two 5 year options to extend! Back door leads to additional parking spaces which could be great for catering/delivery vehicles. Owner also has leased a garage for storage and gated parking area suitable for a food truck, since seller intended to use a food truck for catering jobs. This additional space is optional and available if needed for additional $650/month.
The food business is competitive with various competitors in every city. Buyer is advised that they are solely responsible to conduct their own due diligence on all aspects of the business including market and competition.
Commercial/Catering Kitchen with Restaurant - Low Rent!! Asset Sale!
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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