Asking Price: $599,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $550,000 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.
Fully Equipped Restaurant being Sold with the HOOD - WALKIN Combo - Counter Equipment - Furnishings - Lighting - outdoor furniture - Ice Cream Machines - Refrigeration - Freezers - New Booths / Tables/Chairs. New Patio with Fence and Pavilion, Easily outfitted for a Bar Tavern Restaurant. Upstairs -- office or apartment for owner with bathroom (cannot be leased out). Handicap Accessible Restaurant. PRISTINE in every way. Gorgeous Lot. Can be made to be a Car Wash since the town approved for last 10 years and their is an 4 yr extension pending.
This building will appraise. You can purchase the building for $599.000 with the equipment or get a discount if you want the building only with partial or none of the equipment. Set up for propane, grease trap in ground -- Listed with Fine and Company with Jennifer Swerdlick as the listing agent: this building was sold already and the mortgage contingency date was not met -- this deal will not last, it is the best piece of land in coventry with a nearly brand new building !!! make it a music venue in the spring -- a diner -- a breakfast lunch, it has ice cream window and machines to sell soft serve and hard ice cream -- Fun hamburger tavern joint needed in the town -- keep ice cream and add a full or partial liquor licence to serve later.
About the Business
Number of Employees:
Building Sq. Ft.:
New clean hood approved with fans and ansul to accommodate your full chef line. currently: griddle, grill, fryer, chef stand, stove Walkin Combo - plus ice cream equip and furnishings: new booths/ bar counter.
Small town with charm -- they support you when you support them. -- Need more than just ice cream there.. Need to be open enough hours --- offer more than just breakfast.
Growth & Expansion:
Extend hours -- this place was closed early and one day a week. The town wants consistency in hours.
Coventry Restaurant Close to Lake - Newer Building !
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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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