Asking Price: $249,900 Gross Revenue: $901,622Cash Flow: $121,140 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,500 included in asking priceFF&E: $60,000 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.
Reason for Sale: Retirement- High Volume W. Broward Italian/pizzeria restaurant. Established since 1997 serving all Italian specialties & pizza. Seating for 68 customers. Lease extends to 2026. 2100 sq ft restaurant. Excellent reputation in the community. Full kitchen with walk in cooler/freezer + hood system. 2016 sales $940k with an owner benefit $150k+. Experienced staff will continue with new owner. May qualify for Visa.
High Volume W. Broward Italian/Pizzeria Restaurant
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