Asking Price: $850,000 Gross Revenue: $1,845,046Cash Flow: $310,570 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
Business Price: $850,000
2018 Revenue: $1,845,046
2018 Operating Profit: $310,570
Summary Description: This bar and restaurant is well established with superior management in place allowing the owner to be mostly absentee. Its inviting warm, friendly ambiance attracts repeat and new customers. The menu offers popular choices at affordable prices.
The restaurant sees year over year growth. The revenue compound annual growth rate (CAGR) for the past three years (2016-2018) is approximately 8.5%; operating profit CAGR for the same period is approximately 9.5%.
Qualified buyers with restaurant experience preferred.
About the Business
Number of Employees:
Location! Location! Provides for a desirable and highly visible gathering place in an attractive area.
Growth & Expansion:
The Restaurant has had 10 years of year over year growth even through the recession.
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
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