Asking Price: $860,000 Gross Revenue: $662,974Cash Flow: $166,437 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: $480,000 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.
1031 Exchange semi-absentee run $160K cash flow steakhouse seafood restaurant and 4K s.f. property on 1/2 acre land with an experienced crew for only $860K. Acquire a steadily growing business and enjoy the clean air of bucolic Clearlake, escaping from bustling life and yet close to SF Bay Area. Inherit the only steakhouse restaurant in town with high-margin ABC 47 sports bar, fully equipped kitchen, and a private banquet hall. Price includes a 4K s.f. recently renovated building on 1/2 acre land with a separate buildable parcel. Airbnb build-out possibilities. SBA pre-approved. Major investment group moving in town to build hotel for tourists. Explosive growth potential!
Semi-absentee Steakhouse 1031 Ex Airbnb Possibilities SBA Approved
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