Asking Price: $499,900 Gross Revenue: $1,204,362Cash Flow: $201,639 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $150,000 not included in asking priceFF&E: $1,000,000 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.
Family-owned bridal shop offering a variety of formal dresses in standard & plus sizes.
This shop has been open for over 30 years. It has earned and maintained a wonderful reputation.
This location offers flexible pricing, layaway programs, and in house alterations on dresses bought in the store.
It has prom dresses, bridal dresses and more!
*Located in a very busy area
*Gross sales over 1 million
*Current owner has great relationships with numerous vendors!
*Owner also has exclusive rights to sell certain prestige brands
*This is a turn-key business for someone who has a passion for the fashion industry
**All potential buyers will need to sign a Confidentiality Agreement AND provide proof of funds**
About the Business
Oakland County, Michigan
Number of Employees:
Building Sq. Ft.:
$4,000.00 Per Month
Updated facility. Featuring a show room, 13 dressing rooms with mirrors and a seating area.
Growth & Expansion:
This business sells dresses worldwide through their website. Unlimited potential for sales.
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
full Terms & Conditions.