Asking Price: $550,000 Gross Revenue: $1,800,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&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.
Killer location in the South End. In close proximity to the Theater District, the Financial District and South Boston. New construction on the first floor of an upscale luxury apartment building. The initial investment was in excess of $2 Million. Approximately 3,400 square feet with occupancy for 160 and a 2:00 AM liquor license. Open kitchen. Long term lease. The restaurant is being sold as the owner/investor has moved to the West Coast. Turnkey condition. A terrific value at $550,000
SIZE: Approximately 3,400 square feet
SEATS: Occupancy for 160
LICENSE: Full 2:00 AM Liquor License
HOURS: Currently open for Dinner Only
TERM: 7 years with 2 options. Base Rent $45 psf.
RENT: Base rent $162,605 NNN.
PRICE: Asking $550,000
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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