Asking Price: $560,000 Gross Revenue: $1,980,000Cash Flow: $240,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 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.
Established over four years ago. Two locations in midtown Manhattan serving French inspired menu with fresh all natural ingredients. Menu and concept makes this business stand out from other food establsihments. Has high take-out and delivery traffic and also does catering.
Menu of Rotisserie chickens which are sold whole or in 1/2 or 1/4 portions includes chicken soup, chicken sandwiches, specialty wings and various sides. Easy to operate and concept can be expanded to multiple locations throughout New York City. Absentee owner spends most of his time out-of-state.
About the Business
Number of Employees:
Building Sq. Ft.:
Two locations, one east side and one west side totaling 1,200 sq/ft. with long term leases expiring 11/30/2023 and 11/30/2025
Free range chickens and French inspired menu with fresh all natural ingredients provides unique customer taste experience.
Growth & Expansion:
Open additional strategically placed locations. Add menu items.
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
full Terms & Conditions.