Asking Price: $100,000 Gross Revenue: $500,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $100,000 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.
This is a turnkey business with a great customer base and plenty of potential for growth. We are now serving breakfast and lunch daily and there is lots of opportunities for dinner business.
We are looking for an energetic person or couple who wants to own and operate a fantastic restaurant in a beautiful and busy small town in Northeast Washington State. We have run our restaurants for over 25 years and are ready to retire. We are offering our fully equipped restaurant at a great price with low rent to the right person. The more experience and desire you have, the better the sale price can be. Please feel free to check out our facebook site and reach out to us with any questions you might have.
About the Business
Number of Employees:
Our restaurant is one part of a 10,000 square foot complex which we own. The entire complex is for sale for 499,000 dollars. The building purchase would require a cash out only. The rest of the building is rented out. This means that you could potentially buy the entire building, run your restaurant and have a very low mortgage payment. The restaurant consists of a fully equipped kitchen with a full cooking line, a pantry station, wait station, dish station, busser station, full back prep kitchen, host station and two sections for seating.
We are in the business district of our town. We are the county seat and the county building is just down the street from us. The post office, library and city buildings and courthouse are all on our street as well. Surrounded buy lots of small business, churches and homes. We have several fast food places in our town but only a few nice sit-down restaurants.
Growth & Expansion:
Colville is a manufacturing town. Check it our online and you will see that this is a busy small town with lots of potential for growth.
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.