Asking Price: $545,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $500,000 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.
AN ESTABLISHED AND VERY SUCCESSFUL RESTAURANT AND BAR, IN BUSINESS SINCE OPENING IN 1992. NUMEROUS FEATURES: 1. NEW ROOF 2016, 2. ALL AIR CONDITIONERS ARE IN GOOD OPERATING CONDITION, SOME NEW.. 3 REAL ESTATE IS INCLUDED WITH THE SALE. 4. ALL FURNITURE, FIXTURES AND EQUIPMENT IS INCLUDED. 5. THE BUSINESS IS INCLUDED, 6. A SEPARATE DUPLEX GOES WITH THE SALE. THE BUSINESS IS ON GOING AND NOT DISTRESSED IN ANYWAY. THE OWNER IS AT RETIREMENT AGE AND WANTS TO TRAVEL. ALSO, IMPORTANT TO KNOW THAT THE OWNER'S MANAGER HAS BEEN WITH THE BUSINESS FOR 16 YEARS AND DOES ALL THE HIRING, ORDERING AND EVERYTHING THAT IS NEEDED WHEN NEEDED AND WANTS TO STAY ON. OWNER WILL ALSO HELP WITH THE TRANSFER OF OWNERSHIP TO MAKE IT A SMOOTH AND SEAMLESS SALE. BEFORE ANY FINANCIALS WILL BE RELEASED, A CONFIDENTIALITY AGREEMENT MUST BE SIGNED.
About the Business
Number of Employees:
Building Sq. Ft.:
THE BUILDING IS IN GOOD REPAIR AND IS ON CITY WATER AND SEWER IS SEPTIC. THE KITCHEN IS VERY LARGE AND COULD ACCOMMODATE MUCH MORE VARYING USES, SUCH AS CATERING.... THE BUILDING IS LARGE ENOUGH TO HAVE 150 SEATS OR MORE IF IT WERE CONVERTED TO MORE OF A DINNING ENVIRONMENT.. IF NEEDED, THERE IS A LIQUOR LICENSE THAT COULD BE PURCHASED SEPARATELY, VALUED IN THE RANGE OF $200,000.
R.J.'S IS A "LOCALS" RESTAURANT BAR AND GRILL LONG ESTABLISHED AND HAS A SOLID CUSTOMER BASE. LOCATED IN THE NORTH FORT MYERS AREA WHERE THERE ARE FEW ALTERNATIVES. IT IS FELT THAT THE USE COULD BE CHANGED TO MORE FOOD SALES SUCH AS A SUNDAY BRUNCH, ETC. TO CATER TO THE NUMEROUS MOBILE HOME PARKS A FEW MILES NORTH ON U.S. 41, WHICH HAS HUNDREDS OF RESIDENTS.
Growth & Expansion:
THERE CAN BE EXPANSION OF THE BUILDING AND OR PARKING LOT IF REQUIRED SINCE THE LAND AREA INCLUDED WITH THE SALE IS ABOUT AN ACRE. 42,282 SQUARE FEET.
THE OWNER IS AT RETIREMENT AGE AND WANTS TO TRAVEL AND SEE FAMILY
IN THE EVENT OF A SALE, THE OWNER AND STAFF WILL BE WILLING TO STAY ON AS NEEDED TO HELP IN ANYWAY FOR A NEW OWNER TO STEP IN AS IF THERE WERE NO CHANGES, WHICH WOULD HELP TO KEEP THE CURRENT CUSTOMER BASE.
SELLER IS AT RETIREMENT AGE AND LOOKING FOR REASONABLE OFFERS. NOT DISTRESSED.
IN FULL OPERATION, R.J.'S BAR AND RESTAURANT FOR SALE
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
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