Asking Price: $75,000 Gross Revenue: $256,450Cash Flow: $70,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: Not Disclosed 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.
Must sell! After owning and operating this successful cheesesteak and hoagie shop for 50 years, it’s time to retire. Tucked away in a busy working-class neighborhood where everyone knows your name and location. As iconic as Pat’s & Geno’s are to tourists in the Philadelphia area, this restaurant rivals their reputations as well as taste to the Delco Locals! The owners have been cutting back hours, but the neighbors would love if the late night service was back. The owners were closed due to an illness for almost two months and opened without an announcement, they were busy their very first day. There are lots of ways to take this proven business and build on it. Come taste how a Philly cheesesteak should taste and your mouth will water for the business opportunity. The Real Estate appraised a few years ago for $175,000 so you are getting instant equity. Serious inquirers with cash in hand - call today.
Delco Cheesesteak & Hoagie Destination with Real Estate
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