Asking Price: $1,400,000 Gross Revenue: $1,962,000Cash Flow: $631,000 (Seller's Discretionary Earnings) EBITDA: 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.
A well established and profitable specialty niche service business, located in Bergen County, New Jersey has come on the market. This turnkey operation requires no industry experience. For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $372,000 as a down payment, and based on historical data, would make $328,000 in the first year after paying back the loan and OWN THE REAL ESTATE as well. This loan includes $250,000 in working capital from the bank. For more information, visit our website at www.BenjaminRossGroup.com.
#1245-Established & Profitable Niche Service Business, Bergen Co NJ
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