Asking Price: $250,000 Gross Revenue: $341,581Cash Flow: $127,038EBITDA: $83,088Inventory: $5,000 not included in asking priceFF&E: $100,000 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 highly visible authentic Greek Diner located in college town. The owners have done the heavy lifting to create the space and build the business to a very profitable level. Family reasons are forcing a sale. The right buyer will be able to continue the success of the operation. In addition to traditional Greek diner, profit comes from a morning bagel and coffee shop as well as seasonal festivals, farmers markets and catering. All of these avenues can be expanded with minimal effort to increase revenue.
About the Business
Morgantown, West Virginia
Number of Employees:
3 FT, 4 PT
Corner location on main floor seats 40 inside with cafe' style outdoor seating. A second dining area offers bagels and coffee in the morning.
Very little competition in town for healthy and authentic Greek Food. Only restaurant in large student apartment complex with somewhat of a captive audience. Great income with a schedule that allows for time off!
Growth & Expansion:
Plenty of kitchen space and seating space to grow on site. The addition of a food truck would build upon "The Greeks" brand awareness. Food truck expansion is in place.
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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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