Asking Price: $299,000 Gross Revenue: $1,424,094Cash Flow: $233,364 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: 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.
PARTIAL YEAR FINANCIALS.....The best Craft Beer Bar Restaurant in the area. Full Liquor, Commercial Kitchen, over 45 Frosty Beers on tap & hundreds of international/domestics in cans & bottles. Opened in July 2016. Over $825k in the Build Out and FF&E. Fully trained W-2 staff in place. Absentee owner. Consistently growing sales. Excellent demographics, great foot traffic, over 15 large screen TV's, detailed POS, and Excellent Books and Records. 2 blocks from Baseball Stadium, SBA loan now Available. Please refer to listing number 010185839, business broker Michael Bush when inquiring about this listing.
About the Business
Ramsey County, Minnesota
Number of Employees:
Building Sq. Ft.:
$6,475.00 Per Month
Lease/Month: 6475, Square Footage: 4200 ,Building Type: Multi Use Terms & Options: 4@5 Years Expiration Date: 6/12/2026
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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
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