Asking Price: $10,000,000 Gross Revenue: $24,700,000Cash Flow: $3,310,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $12,000,000 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 is a rare opportunity to purchase a famous marque network of six Fast Casual Restaurants. This Independent chain is well operated with a very experienced qualified staff and extensive management team. This chain has all the makings to be converted into a franchise brand. They have AAA Landmark locations with beautiful decors which accommodates guests from 150 to 250. All the locations have private party rooms with a strong profitable catering component including off site delivery. All the restaurants are winners with sales of the chain close to $25 Million Dollars.
The current owner is looking to retire and has built a very strong profitable foundation that a new more involved owner will be able to propel and leverage this company into a much larger network. They have been servicing their customers for years and no expense has been spared in building the restaurants. If you have been looking for a well-established independent chain with strong management team in place, iconic brand, beautiful build-outs, this may be the opportunity you have been looking for. Please refer to listing number 13805 when inquiring about this opportunity.
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