Asking Price: $450,000 Gross Revenue: $750,000Cash Flow: $136,000EBITDA: $136,000Inventory: $5,000 not included in asking priceFF&E: Not Disclosed 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.
Turn Key business in Bucktown! This Wingstop has been up and operating since 2008. Wingstop is a fast growing company and is projected to reach 1,000 locations internationally in the near future. If you're looking to get into a fast growing successful franchise group join the Wingstop family. Lease expires in 2018. Agent is the franchisee and wants to sell to pursue other business ventures. High development activity on the 1600 block of Milwaukee ave.
Prime location new the intersection of Milwaukee ave and North Ave in Bucktown Chicago.
*** THIS LOCATION DELIVERS***
Growth & Expansion:
Great opportunity for remodeling! Business in the past had a liquor license. Wingstop has been serving up crowd pleasing Buffalo-style chicken wings since 1994. Their legendary sauces and excellent service have had patrons coming back for nearly 20 years. In the industry Wingstop is known for offering a superior product quickly and affordably. The secret sauce recipes, efficient service and comfortable atmosphere make Wingstop a popular destination in any market they enter.
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