Asking Price: $119,000 Gross Revenue: $400,400Cash Flow: $95,270 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $120,000 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.
Fabulous American, Persian, & Mediterranean food! Can do hookah lounge and possibly add 5 slot machines with proper licensing, per Seller (no gaming currently in place). Gross Sales & Total Income are estimated for 2018. No formal financials available. EMAIL NOW before it is gone! For the fastest reply to your inquiry, please use this ad's email reply!
Listing Agent: Edward Smith - 702-274-7320
About the Business
Number of Employees:
Building Sq. Ft.:
This is a leased location of 4,290 square feet with a Total Monthly Rent of $4,290. Lease ends 3/2022 with One 5 year option. Seller is active in the business with 3FT and 2PT employees. Hours of operation are 11-10 Sun-Thur and 11-11 Fri-Sat. Great space with catering & private events! $1,000 liquor inventory!
Persian Restaurant with Catering & Private Events!
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