Asking Price: $350,000 Gross Revenue: $446,422Cash Flow: $91,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,893 included in asking priceFF&E: $93,266 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.
Passionate Owner in food industry is looking to pass on this Intriguing Opportunity. Business is set up to quickly expand in 3 sectors: Catering, Restaurant, and Dedicated Banquet Venue. Business is truly turnkey: Dedicated Staff (Owner leaves for a month and business runs itself), Written Procedures in Place, Excellent Credit with Vendors. Established brand and customer goodwill yields repeat customers, and bookings well into next year. In addition, the Owner has implemented recent Marketing Campaign showing unprecedented results.
About the Business
Number of Employees:
Building Sq. Ft.:
Growth & Expansion:
Poised to expand catering, restaurant & dedicated banquet venue
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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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