Asking Price: $1,500,000 Gross Revenue: $2,200,000Cash Flow: $375,000EBITDA: $375,000Inventory: $25,000 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.
Spectacular upscale restaurant / bar & grill located in Northern, Virginia.
We focus on Craft Beer, Liquor, Whiskey, Spirits and our great food made in our scratch kitchen.
This business has a large seating capacity in both the restaurant, bar & patio areas. Its owned and run by the franchisor with systems in place to control all aspects of the operation. This location day to day operations are run by its General manager and overseen by a franchise area manager.
Owner needs not to be present in the restaurant for day to day operations, but needs to be hands on for operational efficiencies/decisions and backup to its management.
Note: The Franchisor's model is to open and develop locations, run them from two-to-five years, and then sell them to new franchisees. This helps mitigates the risk for new franchisees in developing & establishing new locations.
About the Business
Number of Employees:
Building Sq. Ft.:
$21,000.00 Per Month
4400 sq. ft leased facility plus 2,400 sq. ft of Patio
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.