Asking Price: $205,000 Gross Revenue: $475,000Cash Flow: $70,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: $30,000 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.
Established full restaurant and bar offering steaks/prime rib/seafood/chicken/burgers on and near major thoroughfares in Lincoln area. Family ownership for 40+ years has generated loyal clientele and solid reputation for good food and fun. Located in close proximity to popular entertainment/sports venues and three lakes!
The entire restaurant building is over 4,500 sq. ft., together with a new outdoor beer garden & dining area. The restaurant surroundings feature a large asphalt parking lot and a 2,100 sq. ft. two-story residence that could be used by an owner or manager. This is an excellent opportunity with solid growth potential via multiple paths.
Contact Tom Freimuth, Business Broker, Results Business Advisors, firstname.lastname@example.org, 402-212-6979, for complete details or to arrange a private tour with the seller.
About the Business
Number of Employees:
16 - 4 FT, 12 P
Building Sq. Ft.:
$0.56 Per Month
Ample room yet cozy & quaint atmosphere. Bar area offers excellent tavern experience. Ample parking adjacent to major thoroughfare and in close proximity to interstate and other major thoroughfares.
No competition within five mile circumference.
Growth & Expansion:
Due to location and proximity to major sports/entertainment venues, this investment provides a unique growth and profit opportunity. The business is situated on 3.8 acres of land with development potential - while the land is leased, purchase thereof is a possibility.
Popular Restaurant/Tavern $205,000 - Great Location
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