Asking Price: $750,000 Gross Revenue: $400,000Cash Flow: $200,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $250,000 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.
Small car rental business located near Boston's Logan International Airport. Presently 100% of all cars are rented. Owner has established a long relationship with local body shops & insurance companies to supply vehicles to their clients. Insurance pays all the bills. There is a tremendous upside potential that the owner will guide a new owner to opening up a window at the airport for travelers. This has not been explored yet however the owner has the contacts and knowledge how to help the new owner succeed. The owner wants to retire. Currently the fleet is 18 cars. Primarily 2014 & up Toyotas. All with low mileage. All included in the asking price. Rent is incredibly cheap for the office and Service bay with lift. Currently doing minor repairs to rentals and gets paid again by the insurance company. Bring All Offers
Car Rental Business for Sale located near Logan Airport
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