Asking Price: $239,000 Gross Revenue: $733,786Cash Flow: $62,552 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $13,779 included in asking priceFF&E: $123,364 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.
SELLER FINANCING $189,000. Southern charm designed brick and mortar build-out with thirty-three inside seats and four patio seats. Located in a shopping center on a main highway in an upper class neighborhood of Loudoun County. Direct visibility from main entrance with increased visibility from strategic placement of logo wrapped catering van.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
High-quality, automated smoking equipment that allows for meat to cook safely and efficiently at low heat. The kitchen assets are typical for operating a barbecue restaurant. The restaurant is furnished in a welcoming ‘Texan, southern-charm’ style with the theme carried throughout the restaurant. Everything is in excellent shape due to operations starting in December 2017. The catering van is logo wrapped and in good working condition. Parking is ample and easily accessed. The lease for this prime space is for 10 years, renewable for 10 more.
This restaurant is located in a prime restaurant area of an upper-middle class neighborhood. The restaurant front is adjacent to a main highway and clearly visible upon entering the shopping center. There are many restaurant options in the area which attracts diners. This is the only barbecue restaurant in the area specializing in fast-casual southern style barbecue. Franchise has a non-compete for a five mile radius for three years.
Growth & Expansion:
Great client base developed since the opening in December 2017 including loyal regulars. Growth trend can continue by utilizing existing marketing efforts and maximizing the catering potential available.
*UPDATED PRICING * Established Fast-Casual BBQ Restaurant
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