Asking Price: $349,000 Gross Revenue: $830,000Cash Flow: $75,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&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.
Peabody’s Café has a great location in downtown Palm Springs within walking distance to the area’s many attractions. Peabody’s originally opened in 1992 as a coffee house and has grown over the years into a full restaurant and bar serving simple American food with a Southern Californian twist. Serving breakfast, brunch and lunch daily using the freshest ingredients. On Friday and Saturday nights they stay open later and have karaoke that brings people in for a lively time. This is also a great place to enjoy one of their delicious Bloody Mary’s on the patio and people watch!! Please call broker for more details on this exciting opportunity and to arrange a showing.
About the Business
Number of Employees:
Building Sq. Ft.:
$11,250.00 Per Month
Inside dining and outside patio. . 47 Liquor License Hood & Grease Trap in place.
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.