Asking Price: $168,000 Gross Revenue: $550,000Cash Flow: $50,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: $40,000 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 hip restaurant is located in a busy Cumberland county city. Business is hopping at this funky place. On an extremely busy street in an excellent revamped location. Plenty of seating with a nice long-term lease in place. Staff is experienced and will stay on.. Current owner will train new owner for a smooth transition. The specialty here is their golden fried chicken. They also offer over-stuffed wraps, deep-fried seafood salads, burgers and much more. They currently do not serve pizza, but the ovens are in place for an extra stream of income for new owner. New owners could also offer delivery in the busy downtown area. If you are looking for a restaurant that has brand new equipment, built-in customer base, and killer food this is it. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at email@example.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Well Known Fried Chicken/Wraps/Salads/Burger Joint-27109
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