Asking Price: $195,000 Gross Revenue: $1,200,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
30 years well established convenient store with beer & wine. Business is located at a corner lot in a heart of town. Building was a newly built one, less than 10 years old which includes 1,800 SF inside with an ample parking lot. Gross sale $1.2M, monthly net inside merchandise sale $ 54,000 - store opens only 6 days in a week. Under a normal 7 days operation, average monthly sale becomes over $63,000. Customer basis are from area residents and daily working class and those people in transit for works - majority customers are repeated ones. Favorable lease term. One of the locational advantages of the store to bring people in is that this is the last store before to take an interstate highway exit. The store has a high potential for a growth to meet demand of services from a diversified neighboring area which comprises of residents, businesses and governmental offices all mingled together. The Availability of this store gives a great opportunity for perspective buyers who can capitalize this super potential of the business.
About the Business
Number of Employees:
Majority of customers are repeat customers. They have been a long line of old customers with the store history of over 30 years in this location.
Growth & Expansion:
There is a high potential of growth under a new management that above all has more interest in a retail business itself and fundamental enthusiasm for growth of convenient store business. Success will be ensured.
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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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