Asking Price: $54,900 Gross Revenue: $100,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $1,500 included in asking priceFF&E: $45,000 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.
2700 square feet of prime restaurant space within 200 feet walking distance of the largest high school in the city. Current Mediterranean concept doesn't appeal to the younger gen. Concept with younger target market such as sub shop, pizza, etc. would excel here.
Current build out is clean with nice restrooms, substantial parking, and is satisfactory to support any fast casual concept. Deal includes fully furnished dining area, complete kitchen with working equipment, large walk-in cooler, and two large dry storage spaces. Location in fully leased strip center with high traffic businesses all visible from busy street and student entrance.
Owner is looking to change industries and is highly motivated to sell. Instant growth opportunity with new concept, signage, and marketing which are all lacking currently in this Perfect Location!
Perfect New Restaurant Opportunity Across From 6A High School
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