Asking Price: $348,000 Gross Revenue: $500,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $250,000 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 inspiration for this restaurant is the realization that there is a need for an upscale restaurant that can provide high-quality food and beverage business with excellent service at a fair price. This restaurant locates at the prime location of Fredericksburg surrounded by major shopping centers and business offices right off I-95. Restaurant serves all American contemporary cuisine infused by Asian, Italian and South American flavors. It is also a great place for a cocktail and brew after a long day of work during the happy hour. Elegant party room is also available for hosting corporate meetings and holiday events. With proper targeted marketing campaign the potential for growth within this community area will allow a new owner to continue to see year over year growth for the foreseeable future.
• Tracking $400,000+ in annual sales with growth potential.
• Casual dining with white-tablecloth upscale service at a good price
• Staff in place allows for absentee ownership if desired.
• Great opportunity for local Fredericksburg night life business with proper set up.
• Elegant party room is available for holding corporate meetings and holiday events.
• Current location is at the heart of Fredericksburg with major shopping centers and business offices right off I-95.
• Excellent acquisition opportunity to start a Fredericksburg landmark in hospitality and restaurant business.
• 6,000 sq. ft. overall facility
Contemporary Upscale Restaurant in Fredericksburg right off I-95
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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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