Super busy restaurant off I95 exit ???. Well established with more than 20 years of history. Sales range from $28,000 to $34,000 per week. Free standing building that seats 100. There are 15 employees who are well trained and are able to run the business in the owner's absence. The business has spectacular rating on all sites and draws business from travelers and locals. The seller takes $450,000-$500,000 a year in income. For more information call Northern Virginia's Number One Business Seller - Doug Jackson at 703-898-0888.
About the Business
Number of Employees:
Building Sq. Ft.:
$8,000.00 Per Month
Located in a free standing building less than 1,000 feet to I 95 exit. The building is very clean and well maintained. All equipment is either new within the past few years or upgraded. New A/C unit and nothing needed for new owner.
Seller has multiple businesses and is looking to downsize
Seller will provide substantial training to ensure buyer's success.
Ad Detail Views:
Asking Price: $1,500,000 Gross Revenue: $1,700,000Cash Flow: $475,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 not included in asking priceFF&E: $200,000 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.
Crazy Busy Restaurant with Super Location- by Doug Jackson
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