Asking Price: $299,000 Gross Revenue: $1,145,000Cash Flow: $250,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $750,000 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.
What an opportunity to OWN this busy Pizzeria & Restaurant in the center of a dense Queens community. After 30 years in business the owner has been sick and has the kids running this pizzeria and are now looking to sell. Kids are professionals and want to pursue their careers and not the pizza business. HUGE POTENTIAL!!! The kids take home about $5,000 a week from this pizzeria and the last time I looked, not a bad pay day!! The location is truly amazing which surrounds itself with tons of apartment buildings. Seating for over 70 people and has full basement. Supermarket anchored with ample parking. This is a secure business as it has been established for 30+ years. Selling for ONLY $299,000 with Earnings of $250,00! A new owner will see ROI in just over 1 Year! Please refer to listing #13275 when inquiring about this opportunity.
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