Asking Price: $379,000 Gross Revenue: $648,500Cash Flow: $181,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $165,000 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.
Urgently Need to Sell!!! Reduced from $479,000 to $399,000!!!
Very profitable BBQ Restaurant - owner needs to sell for health reasons! Due to the demand for tasty ribs, the eatery also offers catering services and has an extensive growing loyal repeat Corporate customer list as well. However, because of an imminent health issue, the Owners can no longer satisfy this growing demand and must sell.
This successful local favorite eating spot continues to grow because everyone loves quality BBQ! Situated among large popular shopping stores and an excellent highway location provides easy access for the very loyal as well as abundantly available new customers. The restaurant is spotlessly clean and provides a friendly family atmosphere five days a week. Customers beg the Owners to open seven days a week.
***Drastic Price Cut for This Profitable BBQ Restaurant
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.