Asking Price: $395,000 Gross Revenue: $592,921Cash Flow: $169,489 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $50,000 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.
** Further Reduced ** . . Motivated seller. We’re pleased to present this really rather special family-run restaurant offering authentic South American cuisine with a unique blend of ambiance, delicious unique recipe meals and exemplary customer service for your family dinner or business lunch.
Additionally, there is a small grocery operation, retailing Argentinian food products to customers which accounts for 20% of gross sales
Live music performance is provided on Friday evenings
Reservations are required for up to three weeks in advance
About the Business
Number of Employees:
Building Sq. Ft.:
$6,480,000.00 Per Month
This business was opened in 2010 and has been steadily building a reputation as a go-to restaurant for delicious cuisine, quality and consistency of freshly prepared meals and excellent customer service.
Well established with loyal customers Located in a busy strip center. Quality and freshly prepared meals with unique recipes Favorable lease terms with low rental Live music / performer on Friday evenings Spanish, Venezuelan, Chilean, Argentinean cuisine
Growth & Expansion:
Currently, the restaurant does not hold a beer & wine license. Corkage charges on BYOB generate $1,000+ per week—this could be significantly increased with the sale of beer and wine [conservatively estimated at an additional $100k per year.] Grub Hub orders account for 20% if sales revenue . . . Adding additional on-line ordering platforms would produce revenue growth. Further enhance the restaurant’s social media presence. Seating capacity could be increased by the addition of a further exit. Currently there is only one access door and fire marshal has limited capacity to 40.
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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