Asking Price: $65,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $7,000 not included in asking priceFF&E: $65,000 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.
Price Reduced! Turnkey restaurant quick-serve concept w/ full kitchen & bar Forest Lake. Established 2 1/2 years with a great following and consistent sales! Busy area with lots of traffic and convenient parking. Restaurant operation hours are 11am to 10pm daily. Full liquor license. A new owner will excel being involved with the business operations. Ownership is downsizing restaurant portfolio.
- Seating 35 bar & 46 dining
- Traffic Counts 15,400 VPD
- 17 staff members (owners aren't hands-on with business operations)
- Rent $4,006/month + operating costs (7 years remain on lease) new owner will have to assume or renegotiate lease w/ landlord.
• Restaurant Size 3,230 sq. ft.
• Patio seating
• FF&E $65,000
• Inventory Approximate $7,000 (not included in asking price)
About the Business
Number of Employees:
Building Sq. Ft.:
$4,006.00 Per Month
3230 sq. ft. restaurant, quick service, seating 46 dining & 35 bar, vending, full kitchen & bar
Yes, but this location has a parking lot and lots of traffic
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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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