Asking Price: $250,000 Gross Revenue: $450,000Cash Flow: $75,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: $450,000 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.
Close to downtown current owner has 1 location that was built brand new last year. Currently run with a GM but owner operator could easily run the stores and eliminate that position ($60k) Also location does not serve alcohol which could be added with a license. Owner has a successful real estate development business does not have time to devote to grow the business. A motivated owner could step in and really make it something special. Store is built out with clean finishes and top of the line equipment and furniture in high traffic location 40,000+ cars daily. Located in areas with HUGE population growth and next to a major hospital. Easy to run for anyone with good business acumen. Great team currently in place. Restaurant background def not necessary.
About the Business
Number of Employees:
Building Sq. Ft.:
$6,100.00 Per Month
ALL FF&E would be included in the sale. Recipes, order guides, manuals etc.
There is some competition for coffee/juices but very little for sandwich, salads & breakfast. The concept is set up to hit all 3 day parts and operate with as little a 1 employee on a closing shift which makes it possible to keep labor at very low levels.
Growth & Expansion:
Not many cons at all. The growth of new residential development is busier than any other part of the city. Both locations are bordered by established neighborhoods and major medical hospital and adjacent medical offices. With good management both locations should see sales grow year over year along with the population.
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