Asking Price: $500,000 Gross Revenue: $1,100,000Cash Flow: $229,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $200,000 included in asking priceReal Estate: $1,350,000 not 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.
Classic Italian Restaurant awarded 4 stars & named among top 500 restaurants in US. 180 seats, full liquor bar, outstanding selection of fine wines. Cozy family ambiance. Private dining rooms for special events. Reliable, skilled staff. Opened for dinner only from 5 - 10 PM - Sundays closed! Ideal for a couple with a real possibility of at least 30% activity increase; Owner will explain how! Disclosures subject to Buyer NDA with Resumé & POF. SBA pre-qualified with $88K down including $50K working capital!
Rental has NNN lease @$5K/mo.
Turn Key Italian Restaurant for Sale**SBA Pre-Qualified
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