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Asking Price: $323,000 Gross Revenue: $352,000Cash Flow: $133,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: $49,800 included in asking priceReal Estate: $134,000 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.
Ice Cream and Fast Food Stand for sale!! Located in North Ohio near Lake Erie and the Islands, this store has been in continuous operation since 1956, and is a classic drive-up ice cream parlor of the type that used to be in every small town. The highly visible location is in the center of town, with 150’ of frontage along the major 4 lane highway providing plenty of parking and easy access. The owners have invested in the business and property in every respect - expanding the building by adding a drive-up window, adding a large storage building, replacing nearly all of the equipment, adding a picnic area in the back, and much more. TAKE 5 MONTHS OFF EVERY YEAR -- this fun, cash business generates huge profits, all during March thru September only!!!
About the Business
Located in North Ohio near Lake Erie and the Islands.
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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
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