Asking Price: $2,500,000 Gross Revenue: $4,101,618Cash Flow: $493,573EBITDA: $493,573Inventory: $30,000 not included in asking priceFF&E: $750,000 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.
Multi-unit Jimmy John's gourmet sandwich restaurants for sale! Stores are franchisee owned, franchise agreements will be assigned to buyer with new 10 year terms.
About the Business
Number of Employees:
All furniture, fixtures, and equipment to be in good working condition at time of changeover. No remodels due currently.
Franchisor requires a minimum of $1.5M with at least $400K in liquid assets. Restaurant experience preferred but not required. Operating partner must hold at least 5% equity in the business and attend 8 week training program.
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.