Asking Price: $180,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&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.
This is a fully equipped restaurant, fully operational in Prime Bushwick location. Huge basement which has lots of potential.
Must see it in person. Kitchen is fully vented and all the equipped is paid off in full. Central Air that was installed a few years ago. Well established, currently open 7 days per week and is very busy! Currently has a Wine/Beer license but you have an option to apply for a Full Liquor license. Current rent is at $4000 per month, way under market, 5 years remaining on the lease, but landlord will add another 5 year options for new qualified tenants. Did Restaurant has unlimited potential with the right concept and great management. Must see this place in person!!!
Turn Key Restaurant For Sale/ Under market Rent!!!
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