Asking Price: $1,150,000 Gross Revenue: $907,637Cash Flow: $155,117 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $17,500 included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: $300,000 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.
Turn Key, seasonal, fast food business unique in the industry. Known to thousands around the world for its nostalgic business flavor. Includes real estate with ample off street parking, strong traffic count and great signage. Owners are ready to retire and will assist in business transition. Great potential for growth with strong customer demand.
About the Business
Cumberland County, Maine
Number of Employees:
Building Sq. Ft.:
Restaurant space with seating for 20 inside and up to 200 outside via Canopy and large flat paved and lit parking lot including multiple curb cuts.
Unique business concept with strong appeal to many including decades of Military personal and families. Car Hop Service is new to many and intriguing. Staffing is a challenge in today's employment market.
Growth & Expansion:
Seasonal could be expanded to year round, hours could be increased and business could also open on Wednesdays.
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
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