Asking Price: $95,000 Gross Revenue: $158,796Cash Flow: $61,278 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $349,900 not 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.
This business has great upside potential. The real estate is a landmark in the downtown area and a rare offering at this price for downtown. 20,000 vehicles per day. The building was built in 1962 in classic style of the day, 1188 Sq Ft and comes with an amazing 18 parking spaces. Location, Location! Sits at one of the busiest intersections downtown Seating capacity of 28 with a combination of booths and counter. 3 P/T waitress’s, 1 P/T dishwasher and the owner is the cook. SDE $61,000
First time on the market in 55 years plus!
About the Business
Number of Employees:
Building Sq. Ft.:
Counter and Booth seating with 28 seats
Most sought after intersection in downtown and comes with 18 parking spaces!
Iconic Landmark Diner on Major Main St. Downtown Intersection
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.