Located in a busy shopping center with several national anchors. Many nighttime and weekend customers. They do very good with take-out and delivery, currently it is more than half of their sales, at approximately 60% Huge dine in area that is great for team celebrations or meetings. Baseball and soccer fields are less than a half mile away. Owner is semi-absentee with great staff in place to help him run the business when he is away. Sales have maintained strong for many years with very little fluctuation. Business catering has always been an opportunity for seller that he thought of doing but just never got around to it. This can help with providing a bigger lunch crowd and more deliveries for office parties.
About the Business
Orange County, California
Number of Employees:
Huge kitchen. Ample space.
No nearby competition.
Growth & Expansion:
Huge dine in area that is great for team celebrations or meetings. Baseball and soccer fields are less than a half mile away. There are 1,000s of businesses nearby that he has not advertised too.
Asking Price: $375,000 Gross Revenue: $780,000Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 not included in asking priceFF&E: Not Disclosed 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.
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