Asking Price: $249,000 Gross Revenue: $814,570Cash Flow: $172,177 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $11,000 not included in asking priceFF&E: Not Disclosed 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.
This restaurant features small plates and wine. Now, focusing on regionally specific Italian cuisine. The creativity of whimsical Mediterranean dishes and wine bar has made this a very popular destination.
About the Business
Number of Employees:
Leased space (first floor) is 2,600 sq’, features a rustic interior decor, heavily accented by Italian items.
Known for high quality, seasonal food w/attention to detail; strong nightly specials. Great relationships w/local farmers & purveyors. Excellent service that goes above & beyond, in an incredible night-time atmosphere. A very large group of regular diners that visit year ‘round. Core employees w/excellent retention rate.
Growth & Expansion:
Frankly, there are a number of grown ideas here. Brunch & lunch are easy culprits as this town could easily support those offerings. In addition, drafted plans to convert the “office” into a pasta production facility to wholesale pasta. Event Catering (we dabble, but have not gone “all in” on this aspect.
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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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