Asking Price: $59,000 Gross Revenue: $350,000Cash Flow: $45,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&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.
Pita Pit Sandwich Franchise For Sale in the Virginia Beach, Virginia region for $59,000! Established franchise opportunity, currently grossing over $350,000. We are expecting a sales increase for 2019! Income is based on an owner-operator role. Pita Pit is a popular quick service restaurant offering a menu of breakfast, meat and veggie pita sandwiches, salads, and catering - a healthier alternative to fast food. This store is in a busy shopping plaza with a large popular anchor store, other retail, and dining. Huge opportunity to expand! Store would benefit from an owner-operator to grow the delivery and catering business. There is currently an experienced manager if buyer would prefer more passive role. Included in the sale is all equipment (total estimated value $100,000) New owner will need to be approved by the franchisor. There is also an option to convert the restaurant to a different food concept with landlord approval!
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