Asking Price: $159,900 Gross Revenue: $360,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Profitable local barbecue restaurant that is ready for a new owner. This location has a great upside, excellent location and an owner who is motivated to sell. This restaurant is an excellent opportunity for any serious buyer who wants to acquire a valued non- franchise BBQ restaurant at an extremely low price to grow business and expand. If you have the drive, and want to be your own boss, we would like to hear back from you.
Motivated seller is open to overall price negotiation.
About the Business
Number of Employees:
Building Sq. Ft.:
1500sf unit located in fully-occupied strip center on high-traffic, most visible street in Memphis MSA.
Few competitors are within the immediate market area and this restaurant has made a name for itself as a local non-franchise dining option.
Growth & Expansion:
There are many ways to proactively market this business such as direct mailing, special promos, coupon, social media outlets, calling corporations for catering, delivery services, 3rd party delivery service and expansion of catering services to a wider area. Expanding the catering services will help benefit this business as there are many more corporations and office buildings that has yet to be fully utilized to increase cash flow.
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.