Asking Price: $150,000 Gross Revenue: $600,000Cash Flow: $150,000 (Seller's Discretionary Earnings) EBITDA: 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.
TYPE OF BUSINESS: Successful Latino Restaurant/Full Liquor/Bar
Very busy main road, parking lot
SELLING PRICE: $150K DOWN PAYMENT: 50%
SALES VOLUME: $12K+/wk average. % DELIVERY: None
LEASE: $2890.(Rent Ratio 4%-5% of sales) NNN $850.
YRS. LEFT: 4 w/ 3 -5 yr. options
SQUARE FOOTAGE: 1368 sq.ft.
(Option may be available for another 3000 sq. ft. of space)
HOURS OF OPERATION: Mon-Wed 11:30-9 Th-Sat. 11:30-10 Sun 11:30-8
1:00 a.m. Liquor License
SEATING: (inside 52 seats) (outside 12 seats)
COMMENTS: Turn-Key , strong business and updated build-out selling at BELOW MARKET PRICE. Bldg. is up to code including 2 bathrooms-handicapped accessible. An experienced hands on operator can walk in and make $ right away! Plenty of upside by building up catering and/or bar hours. Internal conflict is causing this very reluctant sale!
Serious Buyers ONLY Call, text or email Marie to view this location.
About the Business
Number of Employees:
Building Sq. Ft.:
Well done, dining room w/ bar
Unique blend of several Latin cuisines. Becoming most popular Latino Restaurant in the area.
Growth & Expansion:
Grow Liquor business, build catering, potential to physically expand location
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.