Asking Price: $129,000 Gross Revenue: $228,000Cash Flow: $48,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $40,000 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.
This well-known Mexican Seafood Restaurant has been in business for 20 years and has a 4 Star YELP Rating and 4 1/2 Star Google Review with a loyal customer base. Located in a desirable downtown location - near office and government buildings, and in front of a Trolley Stop. Seller wants to retire. For additional information please contact Listing Agent Shawn Ko 760-473-1187.
About the Business
Number of Employees:
This is a leased location of 1,024 square feet with a Total Rent of $3,898. Lease ends 08/2024 with one 5 year lease option. Seller is active in the business with 1 Part Time employee. Hours of operation are 10:30 AM to 5 PM Mon-Sat. $40,000 in FF&E included in Asking Price. $50,000 made in Leasehold Improvements.
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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
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