Asking Price: $50,000 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.
Located in the historic and vibrant neighborhood of Old City this family owned Mediterranean and Middle Eastern restaurant is begging for new ownership. Untapped catering opportunities and expanded hours would greatly increase cash flow. In addition to great, high quality food, this very well reviewed restaurant also serves up some of the best seasonal smoothies in the entire city.
A new owner that extends the hours past its current 7:30PM closing and takes advantage of the daytime and nighttime foot traffic should reap huge rewards.
About the Business
Building Sq. Ft.:
$3,041.00 Per Month
1500 sq foot store with basement in the old city district of philly. The store is on the first floor of a 4 story apartment building on Market St
Middle Eastern Restaurant with Great Opportunity 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.