Asking Price: $17,500,000 Gross Revenue: $2,850,000Cash Flow: $607,880 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Landmark Diner EST 30 years ago and very good following over 55k weekly open 7 days 250 seats full liquor 6000 sq ft Sits on 2.5 acres spots for 130 cars. Any family can buy this with 60% down and be extremely successful as the last owners have. Owners have too many ventures and can't handle this additional restaurant. Extremely LOW rent makes this a home run opportunity for anyone with food experience or even someone new looking to break into the diner business.
REDUCED-Diner North Shore w/ 28 Year Lease - 40% FINANCING - $55k Week
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