Asking Price: $199,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $2,500 not included in asking priceFF&E: $60,000 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.
Looking for the good life. This is a unique opportunity to be in the heart of the strip voted the #1 Beach in the USA for several years and made even a bigger hit with its recent MTV show. Outstanding location with both indoor and outdoor seating. Perfect for first time restaurant owner or experienced one wanting a presence on the beach. Theses rarely become available but when they do the sell immediately. Cash flow is based on owner operator.
Important: All buyer must either complete the attached NDA or request an electronic one be sent. No information including location will be released without. Buyer;s with strong financials move to the front of the line for landlord approval. Business is Not SBA qualified.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
Turn-Key operation complete with New Freezers,12 Beer Taps, New Tables, Prep Cooler, New Grill and Flat Top. Ample parking for eat in, pick-up customers.
This is an exclusive area and you already have a unique menu and excellent chefs its all about consistency, service and quality of the food. Outstanding reviews on Trip Advisor.
Growth & Expansion:
To add to the bottom line if owner is a chef or husband and wife team they could cut down on payroll. Opportunity for delivery, catering can be increased with heavy marketing and online presence.
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
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