Asking Price: $159,000 Gross Revenue: $345,000Cash Flow: $86,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 not included in asking priceFF&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.
THIS SEMI ABSENTEE RUN CAFE IS ONLY STEPS FROM THE SAND & OPEN 7 AM - 2 PM DAILY BY CHOICE. IT CAN BE OPEN FOR DINNER TOO TO TAKE ADVANTAGE OF THE TOURIST & EVENING TRAFFIC. LOCATED ON MAIN ST, STEPS FROM THE BEACH, THERE IS TONS OF POTENTIAL HERE. REMODELED & UPGRADED IN EARLY 2017, THIS SHOWS WELL & IS CLEAN. HIGHLY RATED ON YELP & GOOGLE. BREAKFAST & LUNCH ONLY HAS HIGHER PROFIT MARGINS THAN DINNER. THE ON SALE BEER & WINE LICENSE HELPS QUENCH THE THIRST OF THE REGULARS THAT FREQUENT THE LOCATION.
PRICE INCLUDES THE 2 TERMINAL POS SYSTEM & HAS 3 PRINTERS (ONLY 1 IS ACTIVE ON THE COOKS LINE). FULL KITCHEN WITH HOOD, GRILL , OVEN & 6 BURNER STOVE, DEEP FRYER, ICE MACHINE. SANDWICH PREP TABLES, REACH IN COOLERS & FREEZER. HEAVY TOURIST AREA. BRING YOUR CONCEPT OR USE THIS SUCCESSFUL ONE.
About the Business
Number of Employees:
3 FT, 3 PT
Building Sq. Ft.:
$5,966.00 Per Month
Beach diner is apx 1600 sq. ft, seats 50. open Breakfast & Lunch by choice. Semi Absentee owner. Lease has 10 years + 10 year option.
At the beach, its always crowded with foot 7 car traffic. Highly rated on YELP & Google.
Growth & Expansion:
You can remain open longer hours for Dinner to capitalize on the always present foot & car traffic. An on site owner can increase sales & profits.
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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