Asking Price: $690,000 Gross Revenue: $740,836Cash Flow: $241,352EBITDA: $241,252Inventory: Not Disclosed FF&E: $88,500 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.
FedEx Ground route business in desirable Silicon Valley. Great service area density including 5 zip code in the Palo Alto/Mountain View area. Hands on seller, willing to stay on to assist and train new buyer for 90 days (longer term negotiable). Full time manager in place with 8 years of experience. All vehicles included in sale, offered free and clear.
SBA Financing is available for this business. See below for estimated loan details:
USE OF PROCEEDS
Business Asking Price (Goodwill + FF&E): $ 690,000
Working Capital: $ 20,000
+ SBA Loan Fees & Closing Costs: $ 14,456
= Total Project Cost: $ 724,456
YOUR PROPOSED LOAN TERMS
Total Project Cost: $ 724,456
Less: Down Payment: $ 181,114 (25%)
= SBA Loan Amount: $ 543,342
Interest Rate: 7.75%
Monthly Payment Amount: $ 6,521
For a Term of: 10 years
About the Business
Number of Employees:
8 including mng
Business operates out of local FedEx terminal. Vehicles are garaged free of charge inside terminal.
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.