Asking Price: $165,000 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 turnkey restaurant asset sale is a great opportunity for a buyer to take over a fully remodeled restaurant with an upscale look that is suitable, and easily adaptable, for a variety of concepts. Walking distance from the beach in a high income area and lots of foot traffic! Surprisingly below market rent for the area at only $4,500/month total. 1,100 sq ft plus patio! Smart design allows seating for 42 inside and 12 in patio! Perfect for a variety of cuisines or wine bar type concept! Well equipped and also includes walk-in cooler and freezer! Well trained employees!
Act quickly, won't last!
About the Business
Belmont Shore, California
Number of Employees:
Building Sq. Ft.:
$4,500.00 Per Month
Walking distance from the beach. Prime destination for dining and entertainment - plenty of foot traffic! approximately 1,100 sq ft + Patio Rent is only $4,500 per month (well below other restaurants in the area!) Smart design allows seating well beyond a typical restaurant of this size....42 inside + 12 on patio.
Restaurant business is competitive with variety of competitors in every city. Buyer is advised to conduct their own research on all aspects of the business including market and competition.
Turnkey Restaurant - By Beach, High Foot Traffic, Low Rent
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.