Asking Price: $2,300,000 Gross Revenue: $2,580,000Cash Flow: $443,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $58,000 included in asking priceFF&E: $242,000 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.
This popular and highly profitable South American restaurant is located in the Houston, TX area. Location is prime and is found in one of the best upscale locations in the city.
Restaurant serves the highest quality of ingredients with 100% natural meats. A variety of dishes are served such as steaks, chicken, pastas, salads, seafood and more. Exceptional liquor, wine and beer selections complement the great food.
The business is very busy with 36 full time and part time employees to manage all the traffic. Restaurant is open Monday thru Sunday with brunch, lunch and dinner options. This is a great opportunity for new ownership to take this restaurant to the next level!
Please complete the NDA on my website for more information. http://houstonba.com/nda
About the Business
Building Sq. Ft.:
Restaurant is 3,000 sq. ft. with private rooms available. High end furnishings decorate the location beautifully. Parking is abundant in this shopping complex.
Restaurant offers unique ingredients and dishes compared to others.
Growth & Expansion:
Add catering, locations, franchising, to name a few
Upscale & Very Profitable Latin Cuisine Restaurant in Prime Location!
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.