Asking Price: $89,000 Gross Revenue: $265,000Cash Flow: $42,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $40,000 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 busy establishment offers delicious bagels, along with a full line of signature sandwiches made from a wide range of deli meats and cheeses, on a choice of bread or rolls. The salad selection includes pasta, chicken and tuna, and there is a nice choice of deli-type desserts, such as cheesecake, as well as coffee, soft drinks and other beverages. The Company will deliver large orders. It also has developed a growing catering business.
About the Business
Number of Employees:
Building Sq. Ft.:
$1.67 Per Month
The restaurant is located in an attractive, readily-accessible commercial area, with highly visible signage. The store operates from 1,225 sq. ft. of leased space and is fully outfitted with relatively new equipment, which has the capacity to support a substantially higher volume of sales. The current lease expires on 12/31/2019, with a five-year option thereafter.
The store is located in an area about 30 miles west of Washington, DC with a very rapidly growing, upper-middle income population. The number of residents in the Company’s zip code has more than tripled since 2000. Moreover, an Amazon data center will be opening nearby very soon, bringing 4,000 new jobs to the immediate community. There are a number of eating establishments in this growing market area. However, reinforced by very favorable customer reviews and an attractive web site, this restaurant has achieved a strong market presence in the community.
Growth & Expansion:
The business is well-positioned for future expansion. As indicated above, it has become well established in its growing market area, with a reputation for tasty, high quality offerings. In a relatively short time, Revenue has grown to $250,000 and continues to rise. The stage is set for a new owner to sharpen and expand sales and marketing activities to realize this growth potential, specifically: • A 400-unit housing development, plus a new school, is opening right across the street; • The Deli can be opened for dinner, greatly impacting on sales and profits; • Catering and delivery can be expanded with intensified promotion; and • There are many new items that could be added to the menu.
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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
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