Asking Price: $100,000 Gross Revenue: $441,629Cash Flow: $71,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 included in asking priceFF&E: $100,000 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.
Italian restaurant with excellent menu. Located northeast of Houston with no local Italian restaurant competition. Just received beer and wine license. Cash flow shown does not reflect newly received B&W license. Seats 111 customers and is positioned for a great income increase. Walmart Supercenter next door. Fully staffed and operational. Excitement is high from public with need for Italian restaurant this near Houston town. Motivated seller. Owner wants sold now. Owner financing available.
About the Business
Harris County, Texas
Number of Employees:
Building Sq. Ft.:
$4,200.00 Per Month
Store front restaurant across the street from Super Walmart.
There are no other Italian restaurants in this small suburb of Houston. Easy exit just off major highway, next to Walmart Super Center.
Growth & Expansion:
Restaurant just opened and did not have Beer and Wine in place. Just added. Labor has been high due to recent opening and employee training efforts. Experienced management in place, and labor hour costs are steadily declining with experience. The hard work of opening the restaurant has been done. Growth now will be in relation to local advertising efforts, continued great service and retention of the quality fresh menu.
Italian Restaurant in Houston Suburb-Excellent Location with B & W
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