Asking Price: $250,000 Gross Revenue: $850,000Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $200,000 not included in asking priceFF&E: $250,000 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.
For over 75 years, this bike store has been servicing its Long Island community and beyond with selection and service. This Bike Store has a strong following by bike enthusiasts and is known for is great selection of bikes, especially high-end road bikes. Beyond bikes, this store sells and services gym equipment. There is great growth potential for a new owners as this store is not aggressive with marketing and does not even have a website. There is real potential to grow this business and scale the equipment repair business and leverage the 75 year reputation of this business. If you are looking for a profitable 5 day a week business with growth potential, call about listing 13976.
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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