Asking Price: $1,200,000 Gross Revenue: $2,801,013Cash Flow: $345,706 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $40,000 included in asking priceFF&E: $250,000 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.
Very Busy Waterfront Restaurant and Bar located in small resort with large deck and inside and outside seating for 175+/-. Full liquor 4cop SFS license, full kitchen and seasoned staff in place with a very casual, laid back "Old Florida" atmosphere! This well established location has excellent food, drinks and live entertainment on the waterfront stage area and has become a favorite destination of locals and tourists alike. Just check out their reviews!!
Owner will even offer some financing and entire resort is also available with or without real estate!
Call Damon today for more info and to schedule a private showing at 727 403 9933!
*** this opportunity is highly confidential and information will be disclosed to qualified prospects only ***
For more info on this and other opportunities, please visit our website at www.tampabaybusinessgroup.com
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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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