Asking Price: $299,000 Gross Revenue: $800,000Cash Flow: $125,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $300,000 included in asking priceReal Estate: Not Disclosed Share 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.
This is an exceptional rare opportunity to own a restaurant/ tavern of this caliber established for an incredible 25 years for a price like this.This is the go to place for major highly acclaimed University for a profitable college night and major events, with impeccable record for not serving minors, and after being established for all those years they have established a very large loyal customer base as well. There are too many reasons including 25 years in business, incredible location, profitable, liquor to food ratio, gross business, price and more not to act to take advantage of an opportunity of this magnitude CALL NOW!!!
About the Business
4,800 fabled square feet on two floors, $5,900 judicious base rent, 46 prosperous bar seats, 50 charismatic dining, captivating patio with bar and 60 seats, money making 2nd floor for parties and college nights, open 7 flourishing days lunch dinner late night with bands, profitable 60% food to 40% liquor ratio, established 25 successful years, upside potential, backyard of celebrated huge University
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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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