Asking Price: $65,000 Gross Revenue: $60,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $100,000 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.
Trendy Karaoke lounge with nine (9) private rooms decked with high end up to-date audio and video equipment. Each room is a lounge in itself with comfortable furnishings and a large projector screen. Business has licenses to serve beer, wine, and liquor! Absentee owner invested $300K for new FF&E and buildout a year ago and wants to sell to concentrate on other self owned businesses.
About the Business
Number of Employees:
Building Sq. Ft.:
$4,500.00 Per Month
Business was open one year ago
Very little competition as location is in a densely populated area
Growth & Expansion:
Implement marketing and advertising, enhance website to include online reservation capabilities, develop Facebook/Instagram for online presence, add a bar to serve alcohol
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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