Asking Price: $295,000 Gross Revenue: $514,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $43,000 not 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.
This sophisticated restaurant is well known throughout Sarasota and is in excellent condition! It's located in a newly renovated plaza close to Siesta Key Beach. No capital investment needed beside the purchase price. Busy strip mall with an abundance of foot and motor traffic and plenty of parking is available in the newly paved lot. Positive cash flow. Offers a Traditional Italian menu and regional specialties for dinner Monday through Saturday. Seats 90+.
• POSITIVE CASH FLOW!
• 2COP License
• High Traffic Area
• Renovated Plaza
• Fully Equipped Kitchen
• 1,989 Square Feet
*Due to confidentiality, the photos depicted are not actual photos of the properties.
More information can be provided once NDA, PFS, POF or Pre-Approval Letter is received.
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.