Asking Price: $139,000 Gross Revenue: $311,000Cash Flow: $31,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,500 included in asking priceFF&E: $20,000 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.
This very well known bar has been serving a captive audience of University of South Carolina students, graduate students, and military from Fort Jackson for several years. This business is mostly absentee run with the owner only spending 1-2 hours a week on bookkeeping. Cashflow could be even higher with an owner/manager.
This is a turnkey opportunity and a great investment for a savvy business person looking to make money in the service industry. The new owner may want to convert this back into a lunch-dinner-bar concept. Prime 5 Points location with a long and open storefront. Seller Financing Available!
Contact Sunbelt Business Brokers for more information at 803-779-2919.
About the Business
Columbia, South Carolina
Number of Employees:
1 FT, 13 PT
Building Sq. Ft.:
$5,500.00 Per Month
Growth & Expansion:
There are several growth opportunities outlined in the Confidential Business Review.
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.