Asking Price: $325,000 Gross Revenue: $850,000Cash Flow: $148,000EBITDA: $148,000Inventory: $14,000 included in asking priceFF&E: $80,000 included in asking priceReal 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.
Don't miss out on this new listing located in the heart of the Mississippi Gulf Coast. This well established Bar and Restaurant offers all the amenities to attract both local customers and tourists. The wide variety of food and drinks along with the entertainment provided keeps patrons coming back to enjoy this establishment on a regular basis.
The facility has lots of room both inside and out to enjoy a pleasant time for both lunch and dinner.
About the Business
Number of Employees:
There is 2100 Sq Ft of space indoors and 1200 Sq Ft additional outside seating space. Total seating capacity is 225. Inside there are two bar areas with seating in one section, restaurant seating area, a complete kitchen, restrooms, storage and office space. Parking available nearby. Excellent staff in place and available to new ownership.
Located in ideal area for consistent business from local traffic as well as tourists. The location is in a excellent growth area for both commercial development and residential expansion.
Growth & Expansion:
Growth can be enhanced with expanded marketing and advertising campaign. Adding a once a month event headed by employees and maintaining excellent customer service. Expansion could also grow with adding a catering service.
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.