Asking Price: $115,000 Gross Revenue: $245,000Cash Flow: $70,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 not included in asking priceFF&E: $30,000 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.
Specialty C- Store
About the Business
Number of Employees:
Building Sq. Ft.:
This specialty convenience store is located in prime area within the mall precincts. Its location gives it a great advantage of visibility and trafficabilty. Its just little over 400 sq. ft. of space and is well stocked with daily need items like food, drinks, candies, tobacco products, OTC medicines & Coffee. It sells VA lottery and scratch tickets and derives fairly good income from sale/ Commissions. Fortunately, this is the only store of its kind in the precincts of mall; it has regular clients besides the visitors to the mall. One person with little secondary help can easily handle it. It has very low overhead expenses and has over 100% profit margin on most of the goods sold. It remains busy with constant flow of customers through out the day. It has decent annual sales with good rate of return of over 40% gross profit.
There is no direct competition to the store as this is the only specialty store in the location
87093-AV Specialty C- Store For Sale in Chesterfield County
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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
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