NEW PRICE !NEW PRICE !!Terrific Opportunity in Downtown Tuscaloosa on University Boulevard! Grab it up while the opportunity is here! Should not last long! Owner is out of state and is looking to sell the equipment of his restaurant. Location is 2217 University Blvd -FF&E. is approximately $100k- There were leasehold improvements of around $240,000. Getting in to run the same restaurant or change the concept at a minimal price. Rent is around $2300 month - lease ends in 12/2021 with renewal options. INQUIRE TODAY! - MAKE AN OFFER!
About the Business
Building Sq. Ft.:
$2,100.00 Per Month
Facilities - Located in a 2 story building in downtown Tuscaloosa- rent is approximately $2300 a month. Owner says leasehold improvements were around $240,000. Ready to go! NOTE- Not sure exact size of space
Asking Price: $49,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&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.
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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