Asking Price: $1,200,000 Gross Revenue: $2,500,000Cash Flow: $511,200 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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 17 year old impeccable 5 star operation is a class act in upper class North Shore long island neighborhood. This store is well established current grossing on an average of 50k weekly sales paninis, wraps sandwiches, salads, brick oven pizza, all types of catering for all occasions such as Superbowl, Christmas Easter, Mother's Day Yom Kippur , Hanukkah and all summer BBQ holidays. This Store 2000 sq ft sits on EST / WEST main road in a very busy neighborhood shopping center. Please have experience in catering and have proof of funds available. Owner has other obligations and is willing to let this 5 star GEM go for only 1.2mm or best offer. Calling ALL OPERATORS
Gourmet Market North Shore Shopping Center 2.5mm Sales
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