Asking Price: $330,000 Gross Revenue: $1,049,000Cash Flow: $175,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $30,000 included in asking priceFF&E: $100,000 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 established restaurant has an indoor area that seats 125 and an outdoor patio that seats thirty and a bar that seats twelve. Outdoor area has waterfall and gas burning fire pit. The restaurant, which focuses on fine dining, added an additional bar and created a separate speakeasy style bar , with a seating area, offering casual fare. Extensive and innovative cocktail and wine program. Great opportunity for a chef to bring his own flare.
About the Business
Number of Employees:
10 FT- 4 PT
Building Sq. Ft.:
Approximately 4,500 sq ft and includes a full basement. This restaurant features a large commercial kitchen, 4 bathrooms, full basement with wine cellar, large storage area, 2 walk-in coolers, prep areas, two bars, three dining rooms and an outdoor patio.
This is located in Middletown and serves both Middletown and the surrounding areas. Frequented by business people in the area. The restaurant is a favorite of pharmaceutical companies. Facilities for private parties, baby and bridal showers, rehearsal dinners and pharmaceutical dinners.
Growth & Expansion:
There are several opportunities for growth. Both on premise and off premise catering can seek significant expansion. The speakeasy lounge has great potential to expand and improve. Bar revenue can also be an area for growth. Take out or delivery can be expanded. Social event and themed events can be added.
Established Restaurant, 175K cash flow in Hudson Valley, NY
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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