Asking Price: $199,000 Gross Revenue: $286,698Cash Flow: $89,555 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,500 included in asking priceFF&E: $4,000 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.
Busy check cashing store in the same location for 11 years. Very busy location inside supermarket. Many repeat customers with heavy foot traffic around the store. Services include check cashing, phone cards, money orders, bill paying, general merchandise sales and fax/ copier services etc. Owner will train, prospective buyer must pass FBI back ground check and have good credit to be approved. Low rent only $1,800. Low overhead with 1 part time employee. Please refer to listing number 6401-247369 and advisor Simon Polzer when inquiring.
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