Asking Price: $650,000 Gross Revenue: $285,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $30,000 included in asking priceFF&E: $150,000 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.
Unique waterfront location
5005 Sq F inside A/C area
1300 Sq F outside
200 linear feet Water view Terrace area
5 year Lease with Renew Option - $1605.00 GROSS Lease payments
Full Liquor License 4COP (SFS)
20 assigned street parking plus residential valet $3.00
Furniture, Fixtures and Equipment
150 seats inside & outdoor (max capacity 210)
Sound Music System inside & outdoors
Cameras Surveillance Equipment
Stage & DJ mixing equipment & Speakers
Full Wine & Liquor Inventory
NO COMPETITION 6 MONTH OPENED - NEW BUSINESS N OLD RESTAURANT LOCATION SUNNY ISELS - Collins Ave - North Miami Beach LOCATION WATERFRONT Rent $1500 per a month (Rent Value $15,000-$18,000) Full Liquor License Uber Eats Open Table Pre-selling Halloween Party, Thanksgiving Party, Christmas, New Year Turn key - Equipment, fully licensed, fully remodeled, all impact use and operating fees and licenses are paid & updated * READY to MAKE MONEY BUSINESS * New Restaurant - in 1200 resident community * $4100 Fixed expenses
*Banquets, Weddings, Private party accommodation *widest waterfront Terrace (water and greens) This Business qualifies for EB direct, E2 Visa, L1 visa, EB13 - visa immigration status in USA, All depends on Investor and his ability to qualify. (Attorney consultation s a MUST for Investor seeking status, referral will be granted)
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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