Asking Price: $395,000 Gross Revenue: $882,898Cash Flow: $163,085EBITDA: $101,085Inventory: Not Disclosed FF&E: $75,000 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.
20% Down! Only 12% of businesses on the market are good enough fo SBA financing!!! This place has run successfully for 33 years! Numbers here match the 2017 Tax Return.
If you want one of the best, reach out here. Owner retiring and planning to move. Most bars and restaurant have terrible books and never get a bank loan. If you want quallity, you have to take a look a this fantastic opportunity.
Yes, the records and business are likely be approved for a Visa from our US Embassy - always subject to final embassy approval.
See this at our website or find more at BuyBizFL.com. We have a great package to share on this with lots of details. Will even send you a letter from one of the banks who have looked at this business and feel they can provide an SBA loan for qualified persons.
Confidentiality is essential. Completion of Non-Disclosure Agreement and Buyer's Worksheet required for more detailed information.
About the Business
Number of Employees:
- Plenty of great tv screens. - Comfortable atmosphere, freshly updated. - Indoor and outdoor seating. - Full kitchen designed to rock when the place is packed!
#0190-Well-Known Tampa Sports Bar-Increasing Cash Flow
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.