Asking Price: $345,000 Gross Revenue: $705,000Cash Flow: $265,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not 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.
After 35 years in the business, this Italian Restaurant has decided to call it quits. The owner operates one of the most successful Italian eateries in New Jersey. Seller willing to take an all cash offer of 300k. Located in Middlesex County, New Jersey, this specialty restaurant features old-style, Grandmas Pizza delivering homemade, hand turned vodka and mozzarella sauce and homemade panini and focaccia breads that completely distances it from the ordinary. The 2,000 sq. ft. store includes a party room that seat 45-55 guests that is constantly occupied with all types of social events and office parties. Service, longevity, quality and taste add up to a highly profitable business. Seller financing is available for the qualified buyer.
Established Restaurant in Middlesex County, NJ - 31167
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