Asking Price: $1,850,000 Gross Revenue: $2,100,000Cash Flow: Not DisclosedEBITDA: $543,000Inventory: 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.
Amazing opportunity to purchase a rapidly growing restaurant and bar in downtown Austin, Texas. This is an outstanding location with a restaurant and bar with sales that topped $2 million last year and huge growth expected. Major venue during SXSW that rakes in big $$$ for venue rental during this time. Huge growth projected to continue as downtown Austin continues to thrive!
About the Business
Number of Employees:
Building Sq. Ft.:
$10,750.00 Per Month
Amazing compound with many inside and outside dining areas. 100+ year old building is one of Austin's oldest restaurant venues!
This area is busy and getting even busier. Amazing location in Downtown Austin.
High Volume Mexican Restaurant & Bar in Downtown Austin!
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.