Asking Price: $215,000 Gross Revenue: $277,932Cash Flow: $131,774 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $6,700 included in asking priceFF&E: 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.
Well established (15 years) and profitable hospitality inventory control company in Southeastern Virginia maintaining a sustainable base group of business clients. This business has been operating at high levels for over 15 years in the Hampton Roads market. This is one of the world’s leading service franchises specializing in profit management for bars and eateries. For over 25 years the franchise company has created profitable businesses using their technology and state-of-the-art assessment processes. The goal of the company is to provide owners and executives with customized and independent on-site consultations. Their primary objective is to find new opportunities for increasing revenue and decreasing operational costs. The company has developed a unique, computerized process that compares the exact amount of product the bar operation has actually dispensed during the reporting period against the amount of product recorded as sold through the point of sale POS and then reports those variances back to its clients. The company is poised to expand its market with the addition of food inventory and back-of-house support services.
About the Business
Number of Employees:
3 FT/3 PT
This can be an office based or home based business, fully relocatable around Hampton Roads. The business covers the entire Hampton Roads area with several areas through the market untapped. This business has a tremendous amount of growth potential.
The industry is untapped. With little competition and the best software in the industry, this business is by far the most popular in the market. With a full-service corporate office staff, training department and IT staff, the business is easy to operate and manage.
Growth & Expansion:
The potential for grown is tremendous. The current owner is only capturing about 5% of the restaurants in the market main two sections of the territories.
Has several businesses which he is selling in order to scale down to retirement.
Will train for 1 week @ no cost. This business is scaleable to the owners interests. The owners in some markets focus on managing the operations, some manage the inventory specialist, some work the audits themselves. This business is currently set up with an absentee owner and a manager, a part-time sales person and a manager who oversees five inventory specialists.
Extremely Profitable Food and Beverage Inventory Management Company
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