Asking Price: $220,000 Gross Revenue: $332,474Cash Flow: $39,108 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $110,000 included in asking priceFF&E: $59,812 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.
Profitable, stable and long established business run by the same owner for 35 years. The business was chosen for eight consecutive years to decorate the residence of the Governor of Pennsylvania. Their products and services include custom designed fresh and artificial flower arrangements, ladies and children's clothing and accessories (jewelry), a wide variety and selection of quality unique gifts and home décor, as well as greeting cards. The store is easily accessed off a major interstate and located in a high traffic location. Inventory of $110,000 is included in the asking price.
About the Business
Number of Employees:
1 FT/6 PT
The business is located in a very established high traffic strip mall and consists of 2540 square feet. In addition to the retail store space, there is a very nice sized and well laid out work area used primarily when assembling flower arrangements, gift baskets, etc. The store is extremely impressive when you walk into it. Merchandise is professionally displayed and arranged. It is evident from the moment you walk in that the owner/employees are creative and have a flair for style and design.
There is no known specific competitor in the entire market served by this fabulous unique store. As a result they have many repeat and referred customers that have been loyal for many of the 35 years the business has existed.
Growth & Expansion:
Although the current owner of 35 years still is very passionate about her business and pleasing customers, the enthusiasm and renewed energy of a new owner could impact the stores growth in a positive fashion. The other area of potential growth would involve a concentrated effort regarding online sales.
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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
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