Asking Price: $630,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $550,000 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.
The current owners bought this business and property in 2009 for $725,000 current asking price is $630,000. At the time, they lived in Hood River and commuted a couple times a week. They now live in Idaho and depend on a manager
Property appraised in 2009 for $550,000.
They have a manager who also worked for the prior owner. A hands on owner could do much better in controlling costs.
CASH FLOW: $75,000 + $45,000: Manager salary with Lotto net of $104,000
It has a good cash flow even for the current absentee owner
EMPLOYEES DO KNOW THIS IS FOR SALE. IF YOU GO IN, PLEASE BE DISCREET
About the Business
Number of Employees:
Building Sq. Ft.:
Kitchen. Full service lounge with Pool tables. Video poker. Large parking lot
Has been a restaurant lounge for many years at the same high traffic location. Has a good local following as well as travelers on the busy Base Line Road.
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
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