Asking Price: $125,000 Gross Revenue: $235,705Cash Flow: $41,468 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: $100,000 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.
700 SF Quick Serve Rest. in Prime Location. *PRICE REDUCED* The current owner built this location from scratch just 2 years ago. The business is profitable, but this was built as a side project. The Owner doesn't have enough time to be there. THE SELLER WILL ENTERTAIN ANY REASONABLE OFFER! The equipment alone is worth over $200K and is less than 2 years old. In fact, the entire shopping center is only 3 yrs. old. You can keep the current concept or convert into another concept. The space is 700 sq. ft. with 26 seats. It offers a full kitchen with Ansul system and grill. There are 7 years left on the current lease at a rent of $4,500/mth (with only 3% annual increases) in a large shopping center with a major anchor store and great parking for over 100 cars. In the past year the business grossed approx. $235,705.11 with a cash flow of approx $41,468.00. YOU WOULD SPEND OVER $250K TO BUILD A LOCATION LIKE THIS FROM SCRATCH. We are seeking a serious and financially qualified buyer with at least $125K in liquid funds. To learn more, please call or email Mel Vaz today. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY.
Promising Quick Serve Restaurant in Nassau County, NY 31898
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