Asking Price: $195,000 Gross Revenue: $162,000Cash Flow: $75,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $20,000 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.
The business is a regional restaurant and commercial kitchen cleaning business located in New Jersey. • Business is managed from a home office and has been established for over 25 years. • The business has over 100 established accounts that reorder services as many as 3 times per year. • The business services a large area with unlimited potential for growth.
The owner no longer performs the daily service work and has 3-5 employees and sub contractors on staff.
Low risk high reward business that is booked for many months in advance.
About the Business
Burleigh, New Jersey
Number of Employees:
Ownership operates the business from a home office.
4- 5 competitors in all of New Jersey. But unlimited amount of growth potential
Growth & Expansion:
Schools, restaurants, adult care facilities. All commercial businesses that have commercial kitchens
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.