Asking Price: $179,000 Gross Revenue: $1,000,000Cash Flow: $190,000 (Seller's Discretionary Earnings) EBITDA: 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.
Fabulous Build out in A+ Locations with
FAST Return on Investment. Total Turn Key...
Keep same successful concept or easily convert to your
Concept. Beautiful dining room with full bar that seats 100+ and a well-equipped kitchen!
Located on one of the busiest intersections in
Charleston County. A 5-minute walk from 5 New
Hotels, Convention Center, Airport, Boeing
Airplane plant (over 10k employees), Verizon Call
center, multiple office headquarters, Tanger
Outlets and more!
Low footprint and Low Rent mean Low cost to
Operate. Priced to move so don't hesitate!
• ABSENTEE RUN!!! AND PROFITABLE!!!
• Systems and Training manual in Place!
• Annual Net sales over $950k
• LOW lease of only $5700 including CAM
• Small Footprint of 2800 sf= low labor costs
• Established over 7 years
• Full Liquor, Beer and Wine License
• Clean Books
• Loyal Customer base
• Best in class new POS
• Fully equipped kitchen, Turnkey and ready for new owners.
*Full owner training!
• PRIDE OF OWNERSHIP THROUGHOUT!!!
• 100% ABSENTEE & PROFITABLE!
• Owner/Operator can earn $150-$175k++
• Limited Owner Financing Options Available
**SBA PRE-APPROVED LOAN**
**Sellers Will Entertain All Serious Offers**
*SBA PRE-APPROVED! Turn Key Restaurant/Bar! $1mm Sales for only $179k!
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
full Terms & Conditions.