Asking Price: $1,600,000 Gross Revenue: $304,200Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $1,500 included in asking priceFF&E: $160,000 included in asking priceReal Estate: Not Disclosed 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.
This rapidly growing venue business in Overland Park has five years of consistent 5 star reviews. The beautiful building is ideally located in a very popular shopping center that is easy for guests to find and parking is never a problem. The facility was specially built for hosting events and the design allows staff to service the event discreetly and efficiently behind the scenes. From the beautiful bar to the catering kitchen, everything works to make events go smoothly.
The real estate represents the majority of the asking price because it is situated in a prime location near one of the most popular intersections in Overland Park. The property value has continued to go up since the owners purchased and remodeled it in 2014.
The owners have two business and they selling this one to focus on the other one which is over an hour from this location. The prime real estate, FF&E and inventory are included in the price.
For more information, contact Greg at Apex / 913-433-2316.
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
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