Asking Price: $49,000 Gross Revenue: $26,114Cash Flow: $10,603 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 not included in asking priceFF&E: $3,000 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.
This party event center has been a successful business for 3 years. They offer variety of party themes and packages that are hosted at this event space. Party themes are for both boys and girls.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,341,600.00 Per Month
This party event center has been a successful business for 3 years. They offer variety of party themes and packages that are hosted at this event space. Party themes are for both boys and girls. There is room for 24 children. Owner started this as a part time and has steadily increased sale each year. Most of the events happen over the weekends. Owner is leaving due to a promotion at the current job. Perfect opportunity for the new owner to come in and take it to the next level. The business produced gross sales of $33,850 in 2017 and on track for $48,000 in 2018 and an EIDA of $15,000 for the 2017 fiscal year and on track to net $20,000 in 2018. This is a business that shows reliable income and a high growth potential.
Many different party themes.
Growth & Expansion:
Add a kitchen or partner with a food supplier, baking / cooking parties.
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
full Terms & Conditions.