Asking Price: $185,000 Gross Revenue: $624,000Cash Flow: $148,296 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $145,000 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.
This is a Charming Italian restaurant with a nice family friendly relaxed atmosphere. It has been totally remodeled and the interior was built to provide a comforting and stunning family dining experience.
The kitchen is beyond nice. It was well thought out from front to rear, with all the right equipment, design, and laid out to perfection.
They have a fantastic menu that offers authentic Italian cuisine that is proudly prepared from the finest family recipes gathered from all over Italy. They serve the best homeland and hand spun pastas, freshest produce meticulously selected meats, chicken and seafood. Here are some of the delightful and tasty foods served:
This is a SUPER BUSINESS with no like competition within the immediate market area. The utmost style and design thoughts have gone into preparing this to be the finest establishment of its kind anywhere. IT IS STUNNING!!
Due to unforeseen other business situations, the ownership of this Grand
Restaurant is in the unfortunate position that necessitates the sale of this
This is ONE EXTRAORDINAY Business, DON”T MISS SEEING IT!!!
About the Business
Number of Employees:
Building Sq. Ft.:
This is a highly desirable location. It has been totally remodeled and is on a Main Street with easy access and plenty of parking. It is 3,000 sq. ft. (approx.) and seats 80 with an 8’ x 14’ Bar with Beer And Wine. Occupancy is rated for 95 and the monthly rent is $4000 per month with 3 years left on the lease and has a 3 year option.
NO BRAINER-Great Restaurant with Full Bar-REALLY NICE
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.