Asking Price: $140,000 Gross Revenue: $410,000Cash Flow: $80,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,300 not included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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 very popular Bar/Restaurant is looking for a new owner. You cant beat the price for this 2600 square foot establishment when you look at the cash flow. Its open seven days a week and sits on a main street with plenty of traffic, lots of HD TV's and seats around 80 and has a very nice patio for the summer months. They have a very loyal clientele, hold fundraisers, have a DJ on the weekends, catering, lotto and have recently done a lot of upgrades. The benefits of buying this business are immediate cash flow, you cant beat the sales price for the the cash flow it brings in each year and you wont have to do a lot of upgrading. This is a steal at this price so don't hesitate. There is more to this fantastic opportunity so call the broker for more details.
Very Popular Bar/Restaurant at a Great Price - 31331
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