Asking Price: $225,000 Gross Revenue: $1,500,000Cash Flow: $150,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $750,000 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.
The owner is finally retiring after 18 years in this business and is now ready to sell this busy restaurant located on a main BUSY-BUSY road. This UNIQUE busy Restaurant and Bar is a very RARE find in Nassau County for its highly visible location and being a free-standing building. The business has a beautiful design and feel. There is seating in different areas for about 100 in total. The business is a AAA location on a main road and cannot be duplicated for the selling price of $225,000. The price is so reasonable and the seller just wants to make sure there is a great operator taking over as he owns the property. The seller is doing a healthy $30,000 weekly but knows and will share where the potential really is in this deal. Please refer to listing #13349 when inquiring about this opportunity.
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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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