Asking Price: $479,000 Gross Revenue: $988,000Cash Flow: $175,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $300,000 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.
Prime QUEENS, NY location in the growing healthy food niche. The gold here is the business has been open for less than 2 years and already has a strong loyal following and sales are steadily going UPWARDS. Now doing between $18,000- $20,000 per week with an un-heard of RENT of $1,500 month including all. This is NOT a mis-print! This is unheard of low rent of only 2% of sales with a long-term lease. This is truly an amazing business with all systems in place- operates like a franchise but without paying the royalties. Less than 1,000 square feet with a full basement. Owner has other interests and it is time to now sell. The location is fantastic in a great busy area of Queens. They are well staffed, and ready for a new owner to step into this turnkey opportunity and cash in. Please refer to listing #14170 when inquiring about this opportunity.
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