Asking Price: $185,000 Gross Revenue: $189,187Cash Flow: $83,124EBITDA: $83,124Inventory: $4,000 included in asking priceFF&E: $80,000 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.
Bait and Tackle Route for sale in the Chicago, Illinois to Milwaukee, Wisconsin area for $185,000! Currently grossing $189,187 per year with cash flow of $83,124 per year! This business provides wholesale bait and tackle products to convenience stores and gas stations, with preferred vendor status with 3 of the 4 biggest convenience/gas station chains in the country. There are currently 306 accounts. Each account is provided with a refrigerator and signage and fresh bait is restocked on a regular basis. This business is 100% set up and turnkey, ready to go! Includes all equipment with an estimated value of $80,000 and inventory with an estimated value of $4,000. This route is seasonal, all income is earned in 7 months of the year.
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