Asking Price: $250,000 Gross Revenue: $514,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $194,000 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.
Starting out of a food trailer in Austin, Texas, the brick and mortar restaurant opened in 2015. The owner is now looking for the right person to take the operation (including the beloved food trailer) to the next level. He is open to entering into a partnership with a proven restaurant operator or selling the whole operation while agreeing to stay with the restaurant during a transition period. There is future potential to franchise the concept.
The 1700 sq.ft. eatery is located near downtown with ample parking and additional outside seating. The decor and cuisine thoughtfully pays tribute to the owner’s southern Italian roots. The cozy restaurant has an open kitchen giving customers a bird’s eye view of the delicious cuisine being cooked to perfection. The quality organic ingredients shine through and elevate the flavors of the recipes and offerings inspired by Southern Italy.
PRICE REDUCED! Italian Restaurant Near Downtown Austin
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
full Terms & Conditions.