Asking Price: $899,995 Gross Revenue: $4,890,514Cash Flow: $228,590 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $900,000 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.
Well-established liquor store for sale with over forty years at the same location. This immaculate store measures well over 10,000 square feet with ample parking. This business is easily visible off Hampden Avenue. The store is surrounded by hundreds of residential homes, apartments, and commercial businesses - bringing many new clientele into the area. The store also offers a customer loyalty rewards program; sure to bring back customers through the door.
The store is currently being ran absentee. A new owner looking to work more hours could easily add back an additional $100-200K to the bottom line. The landlord is open to doing a long term lease - 10+ years. Sales reflect steady growth year over year with strong margins. Take advantage of this rare opportunity while gaining access into this lucrative industry!
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$4.9M in Sales - BUSY Liquor Store off Hampden Avenue
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