Asking Price: $499,000 Gross Revenue: $1,500,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: $2,530,000 not 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.
Retiring owners with a planned exit strategy in a well established business that is a community gathering place with a very profitable Restaurant, Lounge and Banquet facilities. American cuisine offering breakfast, lunch and dinner with the best salad bar in town.
The business seats over 130 in dining and lounge and an additional 110 in 3 banquet rooms. There is a working kitchen manager, working bar manager and dining room supervisor.
The business is for sale and real estate may be leased or purchased. The two story building is 12,638 sf, with office and storage on the second floor. Excellent ingress and egress with onsite parking. Completely renovated in 2010 with new HVAC and electrical. Banquet rooms have complete audio and visual capabilities.
Total population within 5 miles of 158,000 and household incomes of $62,000 make this a very desirable location.
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
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