Asking Price: Not Disclosed Gross Revenue: $2,032,650Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Emergency Asset sale: Owner had to close the doors of the Fremont location. Any offer will be considered!
Two elegant steakhouses with increasing cash flow are currently for sale at prime locations in Fremont (5,600 sq. ft.) and Santa Clara (6,200 sq. ft.). Established in 2017 and 2018, both locations offer live music on Thursdays and a “Top Premium Spirits two-for-one night” on Mondays. Large outdoor patios with heaters provide additional seating. The current owner is a hospitality developer (this is his first venture into the restaurant business) and though he has invested $2M in each location has found he is unable to devote sufficient management time to bring them to their full potential. VERY MOTIVATED, MUST SELL QUICKLY! Will consider early possession. Approximately $1.6MM in bank debt. Listing # 8618/8619
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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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