Asking Price: $85,000 Gross Revenue: $330,000Cash Flow: $67,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,500 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.
Great opportunity to own this Seafood QSR! Turnkey operation, located in the heart of Va Beach! Part of a Successful and Growing Seafood and Kitchen Chain in the Hampton Roads area.
Near ALL the action, tons of residential homes, office buildings, medical offices, commercial buildings as well as major highways.
Operating 100% Absentee with great potential, a more involved hands on owner should be able to propel the sales and earnings.
People are consuming much more fish than in previous decades, with average worldwide per capita consumption hitting 43 pounds per year according to the Food and Agriculture Organization of the United Nations. The global seafood industry contributes $870 billion to the worldwide economy.
Revenue stream include affordable and delicious to go and catering.
The seller will train and transition the buyer at no cost! This Seafood Shack servs quality seafood in good portions at a reasonable price. They are known for variety of piled-high big fat burgers & seafood combos.
About the Business
Va Beach, Virginia
Number of Employees:
Building Sq. Ft.:
$0.70 Per Month
Spacious clean atmosphere
The area has other restaurants, but none that directly compete with this concept.
Growth & Expansion:
Part of a Successful and Growing Seafood and Kitchen Chain
Profitable Seafood QSR in great location priced to sell!
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.