Asking Price: $1,200,000 Gross Revenue: $1,625,000Cash Flow: $350,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $350,000 not included in asking priceFF&E: $75,000 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.
Five(5) high-volume smoke/vape shops, plus kiosk. Combined annual gross sales are approx. $ 1,625,000. with net income of $250,000. Nice website but is not set up for high volume e-commerce sales. This is an opportunity for the new buyer.This business sells premium products at high margins. Top-notch POS system. Store 1 is 850 sq. ft., Store 2 is 850 sq. ft., Store 3 is kiosk; and Store 4 is 1000 sq. ft.;Store 5 is 600 sq.ft.; and Store 6 is 1200 sq.ft.These are well - designed stores. 13 employees rotate among the six locations. Stores also sell some private label products. There is a drop safe in each store. Great social media presence. All inventory is bar-coded. Excellent records. Proof of funds is required for a meeting with the owner. $1.2m aksign price includes approx $350,000 of inventory. Seller will not hold a note. Proof of funds required for meeting. Contact broker Joseph Stansky for more details at 1-877-735-5224.
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