Asking Price: $325,000 Gross Revenue: $1,208,261Cash Flow: $142,934 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $11,000 included in asking priceFF&E: $55,000 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.
A wonderful eating, drinking and gathering place! Currently being run mostly absentee due to young family commitments. Just like the cleanliness of the town that surrounds it, this pub and restaurant's well maintained facilities and dining area makes for a nice day watching "the Game" or evening out on the town. The business mixes a family restaurant environment with the subtle hint of a bar atmosphere by incorporating restaurant style seating around a beautiful bar area. The employees exemplify kindred spirits and the upmost hospitality to all guests, making it a family environment where all are welcome. With televisions located throughout the restaurant, for your convenience, combined with a inviting atmosphere, This is a fantastic place to bring the family or yourself out for an enjoyable day/evening.
About the Business
Number of Employees:
5 FT/32 PT
With everything up to date and a fantastic layout, the facilities are nothing short of impressive.
Situated just outside of Raleigh, this is a community with easy access to the shops, sports and entertainment of a bigger city. And while living outside and away from the city might seem like a hassle, this distance comes with perks. A solid school system, a safe community and increased opportunities for job growth mean living in the smaller town pays off. Located between Raleigh and Research Triangle Park, this offers easy access to NC State University, Duke University and the University of North Carolina at Chapel Hill. There are also major employers based in the smaller town, such as SAS, which employs over 5,000, or sectors of companies like Fidelity Investments, Met Life and Verizon. Jobs are expected to skyrocket in the next five years, at a rate of 11.3%. It's also relatively affordable, with median home prices of $319,000 and average property taxes of $3,168.
This is a competitive Industry, but few competitors in the area rise to this level.
Growth & Expansion:
Revenue has been incredibly steady in the $1.2 Million range, even with mostly absentee ownership. Revenue could be increased with greater emphasis on catering and/or addition of a food truck!
The demands of her young family make this a good time to exit.
Will train for 2 weeks @ $0 cost. The Pub combines the appeals of a fully functioning bar with comfort food and televisions, an environment that all can enjoy. Providing a wide variety of food choices, from the Bruschetta Burger to the Sunday brunch or a chef salad, there is no shortage of options. There are close to fifty tables to choose from inside as well as a nice outside patio section for people to relax.
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.