Asking Price: $59,900 Gross Revenue: $354,992Cash Flow: $59,317EBITDA: $59,317Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
Lenny's Grill & Subs Restaurant For Sale in the Greater Houston - Texas region for $59,900! Seller financing available with $30,000 down. Established franchise opportunity, currently grossing an estimated $354,992 and nets $59,317. Income based on an owner/operator role. Restaurant seats 60 inside. Located in a large, busy shopping plaza with neighboring restaurants, service and recreation businesses. Includes all restaurant equipment. New owner will need to be approved by the landlord and franchisor. For more details and financing options go HERE: http://www.restaurantsforsale.net/lennys-restaurant-for-sale-houston-texas.html
About the Business
Number of Employees:
This restaurant is 2100 sq ft, and can seat 60 inside.
Lenny's Grill & Subs Restaurant for Sale, Greater Houston, TX
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