Asking Price: $270,000 Gross Revenue: $282,000Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $42,000 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.
Gourmet meal service that has been in business for 15 years. The owners take the utmost pride in the products they deliver to their customers. Customers drive from other counties to purchase their food. The customer base is very diverse. The owners have many elderly patients who depend on their products but they also have many young families enjoying their food. This business is also a go to for churches who are trying to provide comfort for their members during tough times. The business is approved for food stamps and does offer gift cards. This is a truly unique business. If you love the food industry and have a strong work ethic this business could be very financially rewarding.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,570.00 Per Month
Premade meal service that serves Conway and the surrounding communities. The facility is divided into two areas the big area is where the food is prepared and the other areas holds the coolers where customers can pick up the finished product.
This business does not have any direct competition. There are a couple delis in town but they really don't do the same thing. There really are no market cons with_work and innovation this business could take off.
Growth & Expansion:
Growth will be easy to come by in this business. The new owner could add catering and expand the current menu to bring in new customers. The current owners wanted to keep a small operation but that could easily change. Seating could be added in the pickup are for dine-in customers. This business is trademarked so it could be duplicated at other locations or franchised.
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