Asking Price: $735,000 Gross Revenue: $943,324Cash Flow: $242,588 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $210,000 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 established restaurant offers fine gourmet cuisine in a relaxed atmosphere. This 190-seater restaurant is professionally staffed and managed, presents very well and has a loyal clientele. Open for lunch, afternoon “happy hour”, and dinner for at-table diners or delivery. There are also special wine-pairing events, a private room facility, and patio dining in season.
Profitable, and on-target to grow revenue further in 2018, this restaurant would be equally suitable for a chef-owner or an investor.
About the Business
Number of Employees:
Building Sq. Ft.:
$6,912.00 Per Month
195 seat dining area on street level. The facility is sized at 3,700 sq. ft. and is situated in a busy strip center with high volume traffic. The kitchen is spacious and fully equipped. The dining area too is spacious and comfortable
This business was opened in 2009 and has been steadily building a reputation as a go-to restaurant for delicious cuisine, quality and consistency of freshly prepared meals and excellent customer service.
Well established with loyal customers Situated at a busy arterial intersection with high traffic volume Quality ingredients, and freshly prepared meals with unique recipes 190 capacity [including 35 outdoors on patio in season] Favorable lease terms Ample parking
Growth & Expansion:
30,000 new homes are to be constructed in the area by 2020 Grub Hub orders account for 20% of sales revenue . . . Adding additional on-line ordering platforms would produce revenue growth Further enhance the restaurant’s social media presence . . . Currently, advertising is largely word-of-mouth recommendations. Despite ongoing construction work on close-by hwy-290 the restaurant has maintained sales . . . Once construction is complete, the restaurant should show an increase in revenue
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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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