Asking Price: $234,000 Gross Revenue: $233,071Cash Flow: $102,941 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $6,120 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 fantastic hospitality training & consulting company provides state-mandated training and testing in the hospitality industry throughout the state of Florida. They have thousands of clients that they have acquired over the last decade. The company is highly respected and has a very high education training success rate. They stand out from other businesses in this industry for their proven systems and processes, database management, and impactful curriculum and teaching methods.
This hospitality consulting company is perfect for an individual, but it's even better for a husband and wife partnership or even a team of professional trainers that would like to take this to an entirely different level. With this purchase, you are getting an established, reliable brand, excellent training materials, a strong reputation with a long list of customers, and proven systems and processes already in place to take this company to the next level.
About the Business
Number of Employees:
No rent payments, highly flexible and can be moved from its current Tampa locale. Although currently headquartered in Tampa Bay, Florida, this company is entirely remote and could be operated from anywhere within the state or even out of state. You can be flexible as to where you choose to live and base your operations out of, you do not have to pay any outrageous rent, and you can move the business anytime you want; it is completely mobile.
While there are other competitors who provide training and online “cheap” alternatives, this company provides the absolute finest training in the industry, which makes it so advantageous. They have great systems, processes and training techniques to keep it solidly ahead of the competition. The classroom experience is amazing and the training techniques are highly effective.
Growth & Expansion:
This company has developed excellent working systems and processes, which gives it an extreme advantage over its competitors. It's daily/monthly Google Adwords campaign has been highly effective and enjoys a very nice ROI. Additionally, it has an extensive list of loyal, repeating, clients from the hospitality industry (restaurants, bars & hotels) who continue to use this company year after year.
Another advantage is that it has such a highly regarded training system and curriculum. The buyer could easily replicate this business model for a regional or national training expansion, which is very attractive.
The seller is willing to help provide ideas for developing a business plan that would lead to significantly increasing the business if done correctly, primarily a consistent and aggressive sales & marketing strategy.
First 5 days of training is included in the asking price. Principal willing to stay on for up to 6 months as an employee or independent contractor at $2,000 per month (6 months contractually guaranteed) with the right to separation at the buyer's discretion.
#0261-Premier Hospitality Training/ Consulting Co-State of Florida
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