Asking Price: $275,000 Gross Revenue: $1,015,023Cash Flow: $186,515 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: $20,000 included in asking priceReal Estate: 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.
Established Restaurant with low overhead and high volume. This Casual Upscale Restaurant is the perfect fit for the affluent Brevard County beach town it is located in. Known for its laid back atmosphere, great food, and friendly staff this restaurant has been a hit with locals and tourists alike since day one. In 2017 revenues were over a million and are trending up in 2018. Incredible for a 1200SF spot! Owner has been consistent with keeping facility maintained and updated. Nothing needs to be done. Please refer to listing #7101193026 and ask for Richard Murray when inquiring. Thank You!
About the Business
Number of Employees:
Lease/Month: 3291 Square Footage: 1200 Building Type: Freestanding Terms & Options: 2 five year options Expiration Date: 9/30/2021
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