Asking Price: $390,000 Gross Revenue: $687,738Cash Flow: $155,709 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $31,000 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.
Crepe business located in the food court of a very high traffic mall in Aventura. This is not a franchise, the concept was created by the owner and it has proven to be very successful. In only a few months the business has been showing constant growth. The concept includes: crepes (sweet and savory), french bakery, coffee, smoothies, bubble waffles, etc. Great opportunity for someone looking to have a business in one of the most successful malls in the US. Owner is opening another business and wants to focus in this new venture.
About the Business
Number of Employees:
225 sq ft + 130 sq ft in the food court of a very high traffic mall. Rent is $15k a month, expires in June, 2021 with three year option to renew. Mall requires 6 months rent of security deposit.
The concept in the food court is unique and has the exclusivity in the food court.
Growth & Expansion:
The store opened a few months ago and the revenues have been growing. Keeping the quality of service and the quality of the products together with social media campaigns, guarantees that the business will keep growing.
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.