Name does not convey and is not for sale. Come bring your vision and ideas of your restaurant into a reality overnight. Business is well established seafood restaurant with great visibility in between Wal Mart and Rouses. Great subdivision with hotel directly behind location and deeded beach access is within sight of the front door. Plenty of seating outside (8 benches) Bring any concept with a new menu and you are open for business. It doesn’t get easier than this. Liquor and business licenses are current and can be transferred to new owner.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
Full kitchen with 20’ hood, 36” char grill, 36” flat top grill, 48” Vulcan steamer, 6 eye stove with oven, indoor walk in cooler/ freezer combination, 20’ granite bar with three wells, slide top beer cooler, black top laminate tables and black chairs, booths and additional bar in back dining room. Bathroom and sewer tap fee will convey and everything is 100% up to code. All hood exhaust fans, HVAC, hood cleaning and degreasing are regularly done.
Asking Price: $275,000 Gross Revenue: $600,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed 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.
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