Asking Price: $625,000 Gross Revenue: $1,012,901Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $245,000 included in asking priceFF&E: Not Disclosed 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.
- There are 2 Full Time managers (both with almost 10 years of tenure with the same owner) in place to run daily operations.
- Established since 2006, about 70 miles from Richmond, VA.
- Solid/clear financials available
- Owner works less than 5 hours per week and does not drive in any of the routes.
- 11 trucks will be delivered free and clear to the buyer.
- If new owner would like to be more involved, there will be saving of 1 manager's salary at $45,000 per year. That will bring the cash flow of the business to over $240K per year.
- Note: the $195k cashflow is actual from 2017. Not taking 2018 growth into account.
This is a cash deal and proof of funds will be requested so detailed data would be given or further negotiation would take place. Please text Joe @ 404.539.7056 or visit www.wesellroutes.com or email email@example.com for more information.
9 FedEx Routes, ABSENTEE, 2 FT Mgr, net over $195/yr
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.