Asking Price: $650,000 Gross Revenue: $350,000Cash Flow: Not DisclosedEBITDA: $350,000Inventory: $50,000 not included in asking priceFF&E: $70,000 included in asking priceReal Estate: $350,000 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.
Rare opportunity to own the Real Estate operating Restaurant and Bar situated in a golf course. A fabulous cash cow, away from rat race. Enjoy absolute country living and command an exceptional living by catering exclusively to city golf course and general public. Facility include 16,000 square foot with seating capacity of 450. Ideal for banquets, weddings, holiday gatherings and special occasions. Commercial kitchen with 2 full bars, dance floor, 4 commercial bathrooms and 2 additional bathrooms. The rental of pro shop brings in $900.00 for 6 months.
About the Business
Number of Employees:
Building Sq. Ft.:
Situated in a 3.9-acre pristine golf course. Free standing building with 16,000 square ft. The entire building of two levels totaling 16,000 comprising receptions of 450 seats, 2 full bars. Detached house with 1,600 square foot has 3 bed room and 2 bath with own well water.
Current operator has scaled down. Great additional income steam in increasing the operating hours and additional booking for the prevailing need.
Growth & Expansion:
The area is experiencing tremendous development with 3 new national hotels due to romance of country living. One of the best schools, easy access to airport and hospital.
The information on this listing has been provided by either
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
full Terms & Conditions.