Asking Price: $3,400,000 Gross Revenue: $795,000Cash Flow: $289,460 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $350,000 included in asking priceReal Estate: $3,400,000 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.
Please refer to business broker Tom Milana listing #0101-263337 when inquiring about this listing.
Located in the historical district of Cádiz Spain, this property is over 100-years old and has recently (2018) been 100% renovated. There are seven modern apartments, suitable for double occupancy, each with a fully equipped kitchen, air conditioning, modern bathrooms, washing machine and all the amenities of a first-class hotel, including two roof-top terraces. On the ground floor, currently open for lunch and dinner, is a full-service restaurant and tapas bar offering high-quality, traditional Andalusian cuisine. The staff of 6 is well trained and dedicated to catering to each customer’s desires. This property has one of the only business licenses available within the “old” city. Note, all monies are in Euro. The seller may consider some financing to a qualified buyer.
Retire Spanish Style with this Apartment Hotel in Historic Cadiz
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