Asking Price: $595,000 Gross Revenue: $1,182,782Cash Flow: $295,788 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 not included in asking priceFF&E: $200,000 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.
A True 1950's Style New York Diner located in the heart of Tampa, FL, in an intersection of 70,000 cars/day. Small easy to operate 24 hour Diner just keeps growing . Stand alone Icon of the city and talk of the town.Very low rent with a straight 23 year lease left. Low Operating cost. New owner will see more and more cashflow from continuous growth of this business. Sellers have no choice but to sell for personal reason, but this kind of Restaurant is a once in a lifetime opportunity. Call Owner to find out more, This would not last .
About the Business
Number of Employees:
Building Sq. Ft.:
$4,540.00 Per Month
Restaurant is beautifully designed as a real authentic 50's style Diner. Beer and wine license in place.
Location, Location, Location. The Diner is surrounded by Residential, Commercial , night entertainments , very famous university. You can look up on Google earth to see.
Growth & Expansion:
Tampa Bay has so many people moving in from all over the country. So, the customer base and business will continue to grow. Business will double its volume in time even if you did not do anything else and just kept things as is. Call : 813-731-0397 or send text message with your info to find out more about this business.
High Volume 50's style Diner in Tampa/ Location, Location, Location.
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