Asking Price: $175,000 Gross Revenue: $1,200,000Cash Flow: $150,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $300,000 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.
This deli has been in operation for decades and has been the go-to place in a AAA DESIRABLE- UPSCALE-AFFLUENT area. The owner is ready to retire after making MILLIONS over the years and is ready to pass on the baton. HUGE POTENTIAL because this deli was doing a solid $50,000 weekly but towards the end of his career, he has let it go and now doing $22,000-$24,000 weekly. That said he is still netting $150,000 per year. It has 25 seats and 1,700 square feet with a full basement. The location cannot be better. The owner is very transparent, and easily makes $150,000. SELLING LESS THAN 2X NET. Please refer to listing #14113 when inquiring about this listing.
North Shore Suffolk BUSY Deli with $23,000 in Weekly Sales
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