Asking Price: $495,000 Gross Revenue: $1,200,000Cash Flow: $240,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $175,000 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.
**EXACT LOCATION REQUIRES SIGNED CONFIDENTIALITY AGREEMENT**
(scroll down under descriptions to "Attached Doc, click on confidentiality agreement)
This Busy Sandwich Eatery & Deli is located in a VERY POPULAR High Traffic MEGA MALL near the Woodbury area of Long Island. The Business is operated with SEMI-ABSENTEE ownership.
This business does approximately 50-60 deliveries a day mostly to Major Corporate Office Buildings in the area.
The Lease has approximately 6-years left PLUS a 5-year Option = 11 years. Rent approximately $8,800 (includes taxes & cam charges)
This business is Well Known in the community for their Signature Burgers, Over-Stuffed Deli Sandwiches, Unique Paninis, Wraps, Salads & much more.
$$$$ - MONEY MAKER - $$$$
Seller Needs a Cash-out Offer, but some financing may be available to a very experienced operator will a strong down payment
***FOR MORE INFO - Call John Stefan of JS Business Brokers @ 631-473-2973***
About the Business
Number of Employees:
8 FT 5 PT
It is approximately 1800 sq. ft. and seats-16 inside plus 2- tables outside. In IMMACULATE CONDITION. Located in a 30+ Store Mega Mall with 2- anchor stores near Major Corporate Office Buildings.
Growth & Expansion:
There is plenty of room for growth, this Business is operated with SEMI-ABSENTEE ownership
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.