Asking Price: $285,000 Gross Revenue: $607,000Cash Flow: $117,199 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $35,000 included in asking priceFF&E: $50,000 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.
Great opportunity to own a thriving Deli/Restaurant and wine store in upscale community with newly built out dining and bar area that serves beer and wine both retail on on premise. Plenty of regular customers throughout the year with a busy tourist season and even does NFL package on Sundays.. . Delicious yet simple menu with various sandwiches, salads and breakfast items with daily specials. Once you try the food, you will see why they keep coming back for more.. Added bonus is you will love where you live and work as the store is just a stones throw from the Gulf of Mexico! Annual sales since opening 5 years ago have been up 10-15% per year and 2018 is no exception! Good financials, bring offer!! .
Call Damon at 727 403 9933 for info or email me for non disclosure. For more info on this and other opportunities please visit my website at www.tampabaybusinessgroup.com , you can also automatically request NDA on the site "Inquire 24/7 "tab on the site.
*Info will be released to qualified prospects only*
Restaurant/Wine Store in Upscale Waterfront Community
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