Asking Price: $325,000 Gross Revenue: $457,676Cash Flow: $91,296 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: $140,500 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.
Established in 1991, this is a family owned and operated business and considered by many as one of the best operated Pool Halls in Las Vegas. Seller focuses on cleanliness throughout which results as #1 in weekly tournaments, and #1 in In-house pool leagues. The business has a 20 year track record of profitability, says the Seller. Boasting the latest and greatest equipment in town allowing professionals or beginners to enjoy and play; featuring twenty four pool tables: Five 9’ Diamond tables, Nine 9’ Brunswick Gold Crown III tables, and Ten 7’ Diamond Bar Boxes. All of the tables have Arimith balls and Simonis felt. Over the years the business has grown to approximately 7200 square feet with 24 tables allowing premier league pool play and tournaments. Grandfathered Gaming for 15 machines. Nevada Gaming Board Approval required for new owner; Beer and Wine License approval required for new owner. For additional information, please contact Listing Agent Ron Smith at 702-371-7771 or email@example.com
About the Business
Las Vegas, Nevada
Number of Employees:
This is a leased location of 7,200 square feet with a Total Rent of $11,304. Lease ends 11/2022 . Seller is active in the business with 3 FT employees and 3 PT employees. Hours of operation are 24 hours a day, Seven days a week. $2,000 in Inventory and $140,500 in FF&E included in Asking Price. $49,586 made in Leasehold Improvements. Assets include 15 gaming machines with grandfathered gaming license to this location! Beer and Wine License and Gaming license Required.
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