Asking Price: $149,900 Gross Revenue: $406,563Cash Flow: $95,421 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $25,000 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.
Long Established Breakfast & Lunch Dining Spot. Serving customers over 25 years this Hampton Roads location is a staple in a large community bustling with activity. Since opening the doors the owner has set a simple goal of serving customers a great plate of food in a home style comfortable setting. And for years customers have enjoyed that goal and keep coming back. The best complement to a job well done. As a result the profitability of this establishment is great, the location is great and the reputation is stellar. Operating in 2,000 square feet the location has seating for 65 and includes a great menu and Wi-Fi. A meal on the run, or a great meeting spot to share a meal with family and friends this location has it going. The lease has two years remaining with a five year option at market competitive rates. And the support staff and employees are trained, loyal and many of them are long term. Fourteen employees assist in the day to day operation. The kitchen equipment is in great shape including a new HVAC system. And the facility itself was remodeled over the last three years. This is a unique find and a great turn key opportunity. The owner, looking at this point to retire, will insure a smooth and comfortable transition.
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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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