Asking Price: $59,000 Gross Revenue: $155,906Cash Flow: $40,017 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed Real Estate: Not Disclosed Share 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.
The business is located inside an office building. There are over 1000 people who work in the building and many others who come there to transact business. This established coffee and sandwich shop offers good quality pick-up breakfast, lunch, snack and drink items to the captive market of people who work in the building. The building is open to the general public as well. An owner/operator can be in the shop from 6am to 3pm on weekdays and have weekends and holidays free!
About the Business
Number of Employees:
Multi-story office building housing some of the city's top firms.
There are several competitors in the immedicate neighborhood, however, there are no competitors within the captive audience of the building. Competition can also occur from employeess bringing their own lunch to work. It's important to serve these customers with quality foods and in a timely manner due to the constrictions of lunch time periods. It is this same lunch time limitation which gives the business a tremendous advantage over competition.
Growth & Expansion:
In-building catering is largely untapped, but someone willing to take that on would do well.
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.