Asking Price: $50,000 Gross Revenue: $93,000Cash Flow: $40,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 not included in asking priceFF&E: $26,370 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.
This is an established bakery and café in the northwest suburbs of Minneapolis. Services include breakfast and lunch menu items along with snacks, coffee and other delicious items. Open M-F 7:30am-3pm, Sat 8am-2pm. Excellent location in downtown area of suburb. One full-time and Two part-time employees assist in managing the store on a daily basis. 2018 revenues were $93,000 with an owner's adjusted net of $40,000. The current owner has not done any advertising to promote the business. Great opportunity for an owner/operator who could market the business to the surrounding population. Priced to sell at only $50,000 including all FF&E. Current gross lease is $830/mo. which includes all utilities. For more information contact Christopher Lappen (firstname.lastname@example.org) or Duane Johnson (email@example.com) or call 952-831-3300.
Established Cafe' and Bakery in NW Suburbs (DJ CL)
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