Asking Price: $129,900 Gross Revenue: $1,167,000Cash Flow: $110,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $36,000 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.
A well-known establishment among locals and seafood lovers!
Good location attracting patrons from all Hampton Roads cities!
An absolute great opportunity to own this top performing seafood restaurant!
The seller will train and transition the buyer at no cost!
For more information about this fantastic business opportunity please contact
Cell 757-237-2301 or firstname.lastname@example.org
About the Business
Number of Employees:
6 F.T. 24P.T
Building Sq. Ft.:
A bright and welcoming atmosphere, with a great updated decoration. Spacious dining room and bar area.
This establishment stands out among all competitors.
Growth & Expansion:
Currently, the restaurant is open for service Tuesdays thru Sundays. The new owner can extend the days and hours of the operation.
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.