Asking Price: Not Disclosed Gross Revenue: $3,000,000Cash Flow: $770,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: 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.
A hugely popular gathering place for young people. Casual food offerings and uniquely distinctive drinks for which the venue is well-known. Total seating for over 200 inclusive of 65 in the bar and cocktail area 52 al fresco. Located on a major street with heavy foot and auto traffic. Revenues are approximately 60% food and 40% drinks. Well-maintained facility, total 5000 square feet; bar area with seating for 52; a separate room for group and special events. Features include low energy lighting, zoned HVAC and satellite audio and cable TV, 24 camera security system and 6 terminal Aloha POS system. The spacious kitchen well equipped and includes ample refrigeration and freezers, ovens, ranges and fryers, most of recent vintage. Adequate parking in the area. Revenue $3 Million, Cash flow $770,000. Best Offer. Sale includes all equipment and liquor license. Inventory of liquor in addition.
About the Business
Building Sq. Ft.:
Lease Rate/Sq. Ft./Yr.:
Well-maintained facility, total 5000 square feet; bar area with seating for 52; a separate room for group and special events. Features include low energy lighting, zoned HVAC and satellite audio and cable TV, 24 camera security system and 6 terminal Aloha POS system.
Unique facilities with high name recognition in its market
Popular Entertainment and Restaurant Venue $770K Cash Flow Philly
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