Asking Price: $195,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: 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.
This restaurant was recently beautifully remodeled with a designer's touch and with no expense spared! This is a great opportunity for either a buyer who wishes to continue improving the current concept, or one who wishes to implement a new concept. Located in a great upscale area, just a few blocks from the beach, in one of the prime dining and entertainment destinations with lots of foot traffic from locals and visitors!
It also comes with a type 41 beer and wine license! Health concern is forcing this sale.
About the Business
Number of Employees:
Building Sq. Ft.:
$4.60 Per Month
Approximately 1,550 sq ft, plus small patio area Beautifully remodeled with contemporary/modern decor and all new furniture at a cost of around $100k Kitchen has hood, reach-in refrigerator, freezer, grills, and many more assets!
The restaurant business is very competitive with a variety of food service providers in every city. Buyers are advised that they are solely responsible to conduct research on all aspects of the business including market and competition
Restaurant - Belmont Shores, High Foot Traffic, Wine Bar Potential!
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
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