Asking Price: $665,000 Gross Revenue: $605,859Cash Flow: $177,716 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: 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.
Incredible opportunity for an existing Restaurant & catering business well known for its barbeque ribs, briskets, chicken & pulled pork for sale located in Athens Township, Bradford County Pennsylvania. This is the only BBQ restaurant in the area - very loyal customer base.
Turn-key operation with all of the furniture, fixtures & equipment, catering van, trailers, smokers and cookers included in the sale. Real estate includes a well maintained restaurant, new addition and parking lot on busy commercial corridor. Business is well established and profitable and has been in business for 25 years.
Books open to financially qualified buyers; buyer's must be pre-qualified prior to establishing showing appointment. A very solid business opportunity for a family to work together in the food service industry. Seller will consider leasing the business with an option to buyer for a 4 year term.
For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg - United Country/Roanoke Realty & Auction located in Roanoke, VA.
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