Asking Price: $350,000 Gross Revenue: $1,850,000Cash Flow: $330,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 not included in asking priceFF&E: $200,000 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.
5 star Italian Restaurant established and owned 40 years
Zagat rated this beautiful classy restaurant was fully updated a few
years ago for $300k This well known Italian restaurant is a highly
rated and favorite for those seeking the best in foods service
and atmosphere.This 130 seat white cloth restaurant with off street on street and separate
parking lot offers a full sit down bar huge clean prep basement
with executive office wine and liquor room walk in boxes employee restroom
and to much to list. Seller very ill and price is compromised for fast sale.
This is a establishments the best of the best would be proud to own .
Full staff in place seller will hold notes. Great place for a very experienced
hands on manager or chef. Gold mine money maker!!!
Nets over $6k weekly DO NOT LOSE THE BEST OF THE BEST.
Located near funeral parlor movies and to much to list.
Choice location easy to get to from and route.
Contact Broker Jim Aloi NOTE BEST Italian Restaurant LISTED BY JIM ALOI ALL YEAR!
Lots on premise catering booked and great spot with lots of room
to introduce and now add off premise catering.
Fantastic kind understanding seller will help in anyway!
Brand new 10 year lease in hand.
Seller has very good records.
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.