Asking Price: $100,000 Gross Revenue: $307,000Cash Flow: $53,000 (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.
For sale here is a profitable restaurant located downtown near the Bo Diddley Plaza. Eclectic fare is offered for both carnivores and vegetarians alike. The current owner is semi-absentee and has generated sales with no marketing - there is a lot of upside potential here for a new owner who can focus solely on this business.
This space is easy to manage and this would be an excellent first restaurant for someone who has worked in the industry and wants to run their own show. The price is also very reasonable, making for a better opportunity still. Contact Keith today to learn more!
Nestled in the heart of "old Florida," Gainesville is the perfect blend of sleepy southern charm and cosmopolitan culture. Home to the University of Florida, Gainesville boasts a high standard of living with lots of great restaurants and shopping, as well as a well-educated work force. For nature-lovers, Gainesville boasts a beautiful tree canopy, many scenic parks and miles of bike trails. It's also within 30 minutes of some of the most beautiful, crystal clear springs in the world. Gainesville is truly a great place for business and a wonderful place to live.
About the Business
Number of Employees:
Building Sq. Ft.:
There are plenty of restaurants in the downtown area, but this one is better than most in terms of visibility and access to pedestrian traffic.
Growth & Expansion:
Owner does no marketing at present. Downtown Gainesville, tight density would lend itself well to a simple and cheap marketing campaign, such as canvassing.
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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
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