Asking Price: $245,000 Gross Revenue: $750,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Location, location, location with a turnkey business, it doesn’t get much better than this! Bustling café located across with the way from a major medical center and University campus of both a medical and dental school. Built in business from combination of 17 years of being established, long standing reputable food, and location. Owner is motivated to sell only due to relocation otherwise this rare opportunity to purchase a turnkey restaurant would not exist. All new equipment in the past two years including a completely new HVAC system worth $15,000 in value alone. $115,000 in catering sales with zero marketing. New ownership with more marketing would potentially double or triple catering sales. Current staff has been with the establishment for the past 5 years. Don’t let this rare opportunity slip through your hands!
FACILITY: The space has been renovated and has all new equipment
PARKING: One dedicated spot - street parking & local lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: Five years with one (1) five-year option
BASE RENT: $7,236 including NNN
CONCEPT: Café & Catering
SIZE: 2,200 square feet
SEATS: 22 seats
HOURS: Open daily - M-F 11a-9p; Weekends 11a-3p
LICENSES: CV - beer & wine license from the city can be applied for
SALES: $750,000 per year
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
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