Asking Price: $550,000 Gross Revenue: $1,150,000Cash Flow: $175,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $400,000 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.
The seller has just announced the sale of his GOLD MINE, 50+ year ESTABLISHED business. This business is strong, highly profitable and ICONIC. Major street in an extraordinary busy busy location of Brooklyn… Fuhgeddaboudit . Close to very active train station and huge shopping district. Only 1800 square feet with full basement. Owner is also the landlord and will give long lease to qualified buyer. Rent is only 7% of Sales. Home to the many famous movie stars who love this place. OWN A PIECE OF HISTORY. Seller has finally decided to retire and hand off his invaluable business to the next successful owner. This is not duplicable because the NAME, STORY, CONCEPT, LOCATION & RECIPES are truly PRICELESS. RARE opportunity for a place like this as they are NEVER sold. Please refer to listing number 14026 when inquiring about this pizzeria/restaurant.
ICONIC Brooklyn Pizzeria Established Over 50 Years
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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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