Asking Price: $925,000 Gross Revenue: $477,127Cash Flow: $18,136 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $13,500 included in asking priceFF&E: $75,000 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.
A reputable, longstanding restaurant and outdoor wedding venue in beautiful surroundings that has been at its current location for 30 years. The restaurant and venue stand on 4.6 acres of land and the real estate will be sold with the business at a price of $800,000. The business is being sold at an asset value of $125,000. The property is located about an hour’s drive north of Houston. Known for its quality and reputation, the restaurant not only caters to wedding parties, but is open to the public on weekends and caters to corporate events and conferences on weekdays as well. A number of wedding events have been held on its stunning grounds, and this is a good growth opportunity for a new owner. Ideally suited for an ambitious buyer who is passionate about maintaining the quality and reputation of the restaurant while enhancing the wedding venue sector to take it to the next level!
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