Asking Price: $79,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $50,000 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.
Owner has businesses in Erie Pa and this one in Jamestown NY. Managing hands on and travel between the markets is reason for sale of Jamestown Location. Business is in leased facility and lease cost includes utilities. Sales in mid 5 figure range. Purchase includes equipment, inventory 3 yrs plus goodwill, previous owner consulting and guidance and possible financing assistance.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
Downtown Jamestown well located with municipal parking across st. 0ne block from the new National Comedy Center and 2 blocks from new 160 room Doubletree Hotel opening Nov 2018. 3 blocked from dual rink state of the art Ice arena.
Standard restaurant completion, but location has significant tourism growth in process. This operation with pub bar area and restaurant, pizza wing Italian food options and banquet rooms are major pluses.
Growth & Expansion:
Owner has not managed hands on for last 2 years which offers increased potential sales increase and expense management opportunity.
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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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