Asking Price: $125,000 Gross Revenue: $528,000Cash Flow: $111,600 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 included in asking priceFF&E: $5,000 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.
Located in lower Charles village this Super busy originator of wings and pizza in Baltimore has been a staple within the community for 15 years. This establishment introduced the concept of flavored wings and pizza as a combination and has maintained a clientele that consistently brings in 10k a week with simple flyer advertising and easily has the potential to grow by simply increasing the staff. In addition to 40 wing flavors, unmatched by any Baltimore competitor, this carryout offers one of the most diverse menus in the city with food ranging from seafood specialty subs to classic all American comfort food. With 4 neighboring universities coupled by a demographic of millennials to baby boomers, the level of success an owner wants to achieve is strictly based on how hard they want to work. This is a turnkey opportunity with an established clientele in a beautiful historic community.
About the Business
Number of Employees:
Building Sq. Ft.:
Originator of pizza and wings. Only place in the city offering 40 flavors, a diverse menu and open until 1 am, competition closes at 10 to 11.
Growth & Expansion:
Owner is so confident that one can double their income by adding more staff, ex. drivers, that he is willing to stay on and show new owner how to make 20k a week, easily. under the conditions that the potential owner put 15k into an escrow account for 2 weeks and if he doesn't buy the business after seeing the numbers go up then the owner keeps the funds simply for protection of the potential owner mirroring his marketing at a different location.
Pizza and Wing Originator for sale in beautiful Charles Village
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