Asking Price: $260,000 Gross Revenue: Not DisclosedCash 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.
Macomb Cty , asset buy, Good Gross, short hours . owner tired after 35 years, 100 K down for Bus. Excellent opportunity for a good Bar Operator. Just a little new promotion and management will bring sales back to what they once were. Well know and located in a very hot area for Bars. Don't miss this fabulous chance to become an independent Business owner.
About the Business
Building Sq. Ft.:
Lease Rate/Sq. Ft./Yr.:
200 seats in 3000 sq ft. equipped well. A 5yr option is available on the lease giving a total of 9 years remaining.
Very popular entertainment area for locals.
Growth & Expansion:
A new motivated purchaser can do well in this popular area without having to pay for someone else's sales income. Huge potential to increase sales. Seller is very motivated to sell.
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.