Asking Price: $79,000 Gross Revenue: $285,000Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $50,000 included in asking priceReal Estate: Not Disclosed Share 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.
Existing and profitable breakfast and lunch restaurant in business for over 38 years. Good location with loyal customers. New A/C and grease traps in addition to an additional $30,000 in improvements. This is a turnkey business ideal for an owner who wants an established business with a proven history. This seller is motivated to sell and at this price looking for a cash buyer.
Their long history is proof positive they have a loyal customer base and steady income. They were a cash only restaurant until 2018 and now except debit and credit cards. They also do Uber eats and that has added about $500.00 per week in new revenue It looks like taking that step will increase revenue by 20% + in 2018. Restaurant was just updated with new floor, ceiling, and counter tops.
This business has no debt and all equipment is paid for. Seller is motivated to sell. Contact broker for history and detail.
Profitable Breakfast and Lunch Restaurant at a Great Price for Sale
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