Asking Price: $295,000 Gross Revenue: $850,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $150,000 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.
True-profit, well-established, locally-owned restaurant with a loyal customer base, great seasonal menu concept, well maintained, and well-trained staff. Ranked in the top 10 of all search engines and review sites. Perfect for an entrepreneur to take over and expand.
The restaurant offers unique bar concepts that attract a wide range of clientele while its menu offers a variety of options from business functions to parties with friends and families.
This is a turn-key opportunity for anyone who is ready to get into the restaurant business. The restaurant has a great reputation and is highly profitable. The business has no current liabilities and attractive lease term (under the market price) that is transferable to the new owner.
About the Business
Number of Employees:
Building Sq. Ft.:
All fixtures, inventory, and equipment are included in the asking price.
A well-known staple restaurant in the area. Most other restaurants in the areas are chain and customers often look for locally-owned and operated concepts. You can enjoy the instant cash flow and profits without having to pay the royalty fees as in the purchase of a chain restaurant.
Growth & Expansion:
Profits and sales been growing in sales every year since we've opened with proven records. There are plenty of opportunities to expand (i.e. catering and weddings).
Profitable Independently-Owned Restaurant & Bar in Prime Location
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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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