Asking Price: $395,000 Gross Revenue: $845,000Cash Flow: $138,000EBITDA: $138,000Inventory: $15,000 included in asking priceFF&E: $76,385 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.
*Gross Sales in 2018 = $845,000
Profitable restaurant and bar serving a unique spin on pub/craft fare and a wide variety of local craft brews and craft spirits. This restaurant is turn key. Steady year over year growth. It has a very loyal local following and is a popular stop during all seasons for the tourists and mountain travelers. The online reviews are impressive.
Located in a popular and affluent foothills community just 30 minutes from the Denver Metro area. The Seller Discretionary Earnings are $138,000 to an owner operator. The business comes with an experienced, high performing kitchen manager and bar manager. These two managers can operate the business in the owner’s absence. A new owner would simply need to oversee their management team.
The financials are very clean and match the tax returns. A CPA has overseen their books and accounting since day one. Lending is available to a well qualified individual.
About the Business
Number of Employees:
Building Sq. Ft.:
$3,300.00 Per Month
Full service kitchen and bar, large, open floor plan. Outdoor patio that seats up to 50 with plenty of designated parking. In charming downtown district with tons of local and tourist traffic.
Several other restaurants/bars in the area, however, the menu is unique and the selection of local craft beers is unmatched. Google rates this restaurant as top 5 in the area. They are the only menu and beer selection of its kind in the downtown district.
Growth & Expansion:
The city is growing rapidly. Average household income is high and on the rise. Hours of operation could be expanded. There are many advertising, cross-promotional opportunities that the business has not taken advantage of. There is a lot of room to grow the online profile of the business. There is some unused space in the building that a creative owner could turn into customer seating/access.
Restaurant, Craft Beer & Full Bar, $138K SDE, High Traffic Locale
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