Asking Price: $650,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $10,000 not included in asking priceFF&E: $300,000 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.
Executive chef inspired wood burning BBQ Restaurant. The owner sets his BBQ restaurant apart from all the rest by carefully selecting all ingredients and only using the highest quality products. He only uses locally sourced wood for his smokers. Chef is highly trained with many years of experience, and he's willing to train and share all of his recipes.
Class C Resort Liquor License available to purchase - (off premise sales license, catering license, entertainment license, and an outdoor service license) NOT INCLUDED IN ASKING PRICE.
-2680 sf stand-alone building, Completely Remodeled in 2016
-Inside seating for 80
-Covered, outside patio with tables and seating for 70
-Fully equipped kitchen and on-site outdoor wood powered smokers
$650,000 is the purchase price for the business. Class C Liquor License can be purchased for an additional amount.
About the Business
Oakland County, Michigan
Number of Employees:
Building Sq. Ft.:
$5,100.00 Per Month
Beautifully designed restaurant in a stand-alone building! Inside seating and patio seating totaling 150 guests. Two wood burning Drum Smokers on-site under a canopy. All equipment is in great, working condition.
Can increase catering orders with some creative marketing and adding delivery.
Growth & Expansion:
Adding and expanding on to the menu can increase sales. Business currently is not open on Sundays, so making it open 7 days a week to increase sales.
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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