Asking Price: $125,000 Gross Revenue: $285,103Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: Not Disclosed 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.
Trendy, downtown St. Petersburg restaurant finally up for sale after many successful, award-winning years. The location right in the heart of downtown St. Petersburg could not be any better. The food is great and the restaurant has a strong, loyal following. We expect this restaurant to sell quickly so if you have interest in owning a popular and fashionable restaurant in the best possible location downtown St. Petersburg, you will want to contact us at your earliest opportunity. Given the location, the price is very reasonable. Financing available to qualified buyer.
About the Business
Saint Petersburg, Florida
Number of Employees:
Building Sq. Ft.:
$1,850.00 Per Month
970 SQ FT. All equipment in restaurant is owned by current owner and conveys with the sale. None of the restaurant's equipment is leased. All equipment is electric powered. Gas is not available in the building.
Fantastic location - can't be beat! Low rent. Landlord has expressed willingness to extend excellent terms to new owner.
Growth & Expansion:
Expand menu. Open 7 days per week instead of 6. Get set up with more online delivery services.
Popular Downtown St. Petersburg Restaurant With Financing
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
full Terms & Conditions.