This business is a well-established from last 37 years, selling wedding and Parties dresses. It is a well-known in the market for their quality dresses. Most their clients are referral clients. They have a nice website which keep up to date with new style and inventory. They are working with exclusively with 7-9 designer so that they are the only one who can sell their design. This business has two full time and three part time employees. The business is active Five days per week, with hours from 10:00 am to 5:00 PM. Most of their clients are coming by appointment. This business is located on an active commercial avenue with in nice well known shopping center. This business is in about 2600 sq. ft area with four different dressing room with big mirror and inventory. Nice receptionist front desk with extra table to discuss the detail with clients in the meeting. cash flow noted is for an owner/operator working 50 hrs./wk. taking NO salary and before debt service. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only.
Asking Price: $225,000 Gross Revenue: $525,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $200,000 not included in asking priceFF&E: Not Disclosed included in asking priceShare 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.
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