Asking Price: $199,000 Gross Revenue: $824,000Cash Flow: $91,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $500,000 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.
An opportunity to purchase highly PROFITABLE fast food franchise with an excellent location in a very busy and desirable strip center in Northern New Jersey. This state-of-the-art franchise store has been in place since 2008 and is for sale because the seller is unable to continue to operate it due to health reasons. There is a long lease term in place and 9 years remain on the franchise term. They have LOW overhead as the Rent, Real Estate Taxes, CAM are ONLY 6% of sales. The store is operated by a manger and a hands-on owner operator could reduce expenses, increase sales and make it even more profitable. This is smaller franchise and as such you have an opportunity to expand and build additional stores. This franchise is PRICED to sell at only $199,000. Chicken wing franchises are now among the hottest in the restaurant industry. If you are looking to enter the wing business this is the opportunity you been waiting for. Please refer to listing #13548 when inquiring about this 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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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