Asking Price: $599,000 Gross Revenue: $1,500,000Cash Flow: $200,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $1,500,000 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.
This busy Restaurant-Bar-Club Facility is located right in the middle of it ALL, Triple AAA location, right where all the action is. This UNIQUE busy Restaurant- Bar-Club is a very RARE find for this area of Long Island. The business has a very strong nightlife business with a beautiful huge bar and plenty of room for catering as well. Heavy foot traffic area. The outside seating is as desirable as the inside. Long lease is in place. Doing a healthy $30,000 weekly with lots of liquor sales and we all know where the money is when selling lots of booze. This is one of the most sought out locations on Long island. Please refer to listing #13274 when inquiring about this opportunity.
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.