Asking Price: $180,000 Gross Revenue: $376,616Cash Flow: $84,074 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $8,500 included in asking priceFF&E: $36,505 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.
Uniquely positioned as the sole food service establishment in this upscale Cleveland office building, this business has a very steady, repeat clientele and increasing profits. The business is only open for breakfast and lunch, primarily for carry-out, Monday through Friday. This restaurant café offers the owner the ability to work regular business hours and have weekends and holidays off! Offerings include wraps, sandwiches, smoothies, soups, salads, snacks, coffees and a variety of healthy options.
About the Business
Number of Employees:
3 FT/1 PT
1,700 sq ft located within an office building in downtown Cleveland, including ample refrigeration, storage and prep space.
Though there are many places to eat in the surrounding area, this is the only food-service location within its building giving it a regular, steady clientele. It is also accessible to the public as the restaurant is on the ground floor of its building.
Growth & Expansion:
Increased advertising of existing catering services, the use of additional delivery services and development of a social media/online presence and advertising could easily spur growth of the business.
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.