Asking Price: $1,450,000 Gross Revenue: $600,000Cash Flow: $300,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&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.
Kuranda Financial Mortgage Inc, and Kurandamortgage.com are a storefront mortgage broker business. established in 1996, and in the same location since the 1990's! The following of repeat and referral borrowers is at the top of the food chain for the mortgage industry after closing over 27 thousand loans in 23 years comprised of refinance and purchase transactions. Please know that this Independent mortgage Broker is not controlled by a Realtor with higher open market mortgage rates.
Already made it through the subprime crash of 2008 when 90% of my competitors went bankrupt or were seized by the FDIC. It’s an amazing following after 23 years. My name is the company name and I stand behind my solid, perfect loan packages. At this point I have enough business for 4-6 loan officers, just not myself anymore. Cash flow is gigantic as fixed costs are extremely low.
Growth & Expansion:
Kuranda was a Banker and in 13 states at a period before 2010. There is only expansion going forward.
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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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