Asking Price: $250,000 Gross Revenue: $2,068,462Cash Flow: $168,051 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $443,750 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.
Aggressive pricing for quick sale. Consistently doing approximately $2 million in annual sales this restaurant has enormous potential. A massive 7,500 SQ FT space that can comfortably seat 250 with no expense spared on the tenant improvements. High end furniture, fixtures and equipment adorn this beautiful interior with a full bar and three separate dining rooms. It is perfect for corporate events, large family gatherings, and does huge business on/around all holidays. This restaurant is located very near a Fortune 500 company that is opening a new facility in 2019 that will employ over 1,000 workers. Currently run by an absentee owner employing approximately 20 with two full time managers you can purchase the establishment and keep the existing theme or modify it to your preference. The seller would consider carrying a note for qualified purchasers. NDA & Buyer Profile required for information on this business opportunity.
About the Business
Number of Employees:
Building Sq. Ft.:
$15,000.00 Per Month
Sales revenue for 2016: $1.56 million. 2017: $1.94 million. 2018: $2.07 million
Competition does exist in the food and beverage industry, but this restaurant can accommodate very large parties that most restaurants cannot.
Growth & Expansion:
Endless possibilities with ecommerce delivery, marketing to corporate events, family gatherings and the like.
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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