Asking Price: $50,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: $25,000 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.
This Point Loma San Diego area quick service / fast causal restaurant with a beer and wine license is located in an ideal high traffic shopping center with excellent street visibility and plenty of parking. This is an asset sale only and sale does not include those assets related to the existing business’s name, goodwill or branding. The sale includes a fully build out restaurant with 2 hood systems, a walk-in cooler and built in beer tap lines, as well as an outdoor patio with seating for up to 16 persons. This location and build-out may be ideal for a buyer who seeks to implement any number of concepts that can potentially thrive in this coveted location.
About the Business
Number of Employees:
Building Sq. Ft.:
The 2,100 square foot facility (plus 400 square foot patio) leases for $5,722 per month on a lease through June 2023 with options to be determined. The sale includes all of the operating assets such as the furniture, fixtures, equipment and beer and wine license. The name, menu and other components of goodwill will not be included.
Competition is considered to be medium as other restaurants exist in this high traffic area and shopping center, however this facility maintains a stellar corner location visible from the street as well as from within most of the shopping center.
Growth & Expansion:
This facility and location are an excellent opportunity for a new owner to implement a new concept. Other business ventures have deterred the current owner from devoting the attention necessary to maximize the restaurant’s potential, creating a tremendous opportunity for a fully focused owner to capitalize on this space and the price the assets are being offered at, which are at a fraction of what a new build-out would cost.
Point Loma Area Restaurant w/ Beer & Wine - Asset Sale Priced to Sell!
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