Asking Price: $900,000 Gross Revenue: $1,688,632Cash Flow: $393,728 (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.
Montclair NJ Restaurant for Sale - Hottest Restaurant in Jersey - $393,728 Net Profit - Clean Books & Tax Returns Available - Minutes from NYC - Attractive New Pricing.
1. NAME/CONCEPT: Super Hot Full Service High-Profit Restaurant.
2. ADDRESS/AREA: Super high-income Montclair New Jersey location.
3. SIZE/TYPE: Seating for well over 100-guests with large outdoor patio.
4. RENTAL RATE/TERMS/OPTIONS: $12,000 all in per month. Five-year lease with five-year option to renew.
5. OPERATING HISTORY: Million dollar build out with state of the art kitchen.
6. VOLUME/NET Profit
2017 YTD Gross Sales was $1,688,632 on the books and tax returns.
2017 YTD Net Profit including personal add-backs is $393,728.
7. HOURS OF OPERATION: Lunch, brunch, and dinner seven days a week.
8. SELLING PRICE: $900,000. The loyal staff makes for a flawless transition.
About the Business
Building Sq. Ft.:
3,200 SF. Seating for well over 100-guests with large outdoor patio. Million dollar build-out with state-of-the-art kitchen.
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
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