Asking Price: $41,000 Gross Revenue: $63,818Cash Flow: $43,626EBITDA: $43,626Inventory: $1,000 included in asking priceFF&E: $10,000 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.
QUICK SELL, PRICED WELL BELOW MARKET VALUE - The seller is looking for a quick sell and is looking for offers ASAP. There are so many positives to the business, it's difficult to list them all.
This company is owner-operated and profit margins are 70-80% depending on the event! Profit margins those high are hard to come by in any business!
A new, corporate client was just added and plans to double gross revenue over the next two years. Most events are large so there are only a few days to work in a month.
The client list is unbelievable for corporate events. All major corporate partners in the area and contacts at almost all major hotels in the Seattle-Bellevue area.
Owner has done NO marketing in the last 3 years. About 80% is repeat clients and a large amount are repeat events every year.
NO Competition for events over 500 people!!
Right now, the owner works about 15 hours a week on average
Great for retired, stay at home moms, caterers, bakers, & aspiring caterers. This business is a steal at this price.
Buyer must live in the Seattle-Tacoma metro area and relocate business to new location.
About the Business
King County, Washington
Pro - Low Competition Niche, Great repeat client base, low hour commitment per a week, easy to expand into other areas, client list of all major event venues in the Seattle area. Con - Need to add a little variety for repeat clients
Growth & Expansion:
Pro - Grow into in a variety of areas, big spender client list, Con - Need to establish a home base
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
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