Asking Price: $130,000 Gross Revenue: $214,466Cash Flow: $54,242EBITDA: $54,242Inventory: $4,000 included in asking priceFF&E: $5,160 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.
This locally-owned destination restaurant for sale in Des Moines, Iowa has been in business since 2003. The business enjoys a loyal following of customers who come to them for the authentic regional American cuisine they serve. The business prides itself in using only quality, authentic ingredients for their menu items. Located along a busy road in a popular neighborhood, it also gets great traffic from both visitors and area residents. The restaurant seats 49 diners and does a high volume of take-out orders.
About the Business
Des Moines, Iowa
Number of Employees:
The 1,800 square foot restaurant is leased and the majority of the restaurant equipment is owned by the landlord and will stay with the business. Parking is readily available along the street in front or in a parking lot behind the building.
The loyal clientele for this business is a definite competitive advantage. The customers will sometimes come multiple times during the week for the different specials offered
Growth & Expansion:
Although this business is already quite popular, growth could happen by building upon their excellent reputation for the authentic food. Expanding hours, adding alcohol and implementing a marketing campaign could increase revenues for the business.
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or stake in the sale of this business and has not verified any of the information
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