Asking Price: $399,000 Gross Revenue: $1,900,000Cash Flow: $200,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $100,000 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.
Incredible 100 seat casual restaurant located on a highly visible corner spot on the South Shore of Long Island. Currently grossing appx. $1.9 million and growing. Large bar with with repeat customers. Known for its fresh seafood and on/off premise catering. Located on major highway with high visibility and ample parking. Long and favorable lease for this 2600 sf space. Well equipped kitchen and all equipment is owned and in great condition. Staff is well trained and willing to stay. Some seller financing available to qualified buyers. Contact Bobby D'Achiardi for more details 888-869-6069, Ext. 806 or Cell 516-356-6808
About the Business
Nassau County, New York
Number of Employees:
Building Sq. Ft.:
$5,800.00 Per Month
stand alone building on highly desirable corner location main road
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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