Asking Price: $235,000 Gross Revenue: $278,247Cash Flow: $49,111 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $120,200 included in asking priceFF&E: $10,000 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.
This award winning business is the premier children's boutique offering beautifully designed, high quality children's clothing, shoes and accessories. They specialize in sizes Preemie to 6X. Everyone entering the store will receive extraordinary personalized service from extremely knowledgeable staff. Many people come into the store for children's shoes because a professional fitting is provided. This type of fitting and the service provided is obsolete these days. The store is the premier source of children's Wedding, Formal and Christening attire. If looking for high quality and unique styles for children, this store is a must see. "Classic" wooden toys, plush animals, blankies and children's books are also available in the store.
About the Business
Number of Employees:
The business is located in an enclosed retail location in a very rapidly growing community.
Competition is very limited due to the very high quality of children's shoes, clothing and accessories offered.
Growth & Expansion:
Although the business is well managed, there certainly is room for tremendous growth potential. Selling merchandise on line would definitely increase revenue. Also, implementing some target marketing with a focus on weddings, first communions, etc. would grow sales and the customer base.
Will train for 6 weeks @ no cost. Products offered in the store are upscale children's clothing, children's shoes, toys, books and specialty children's clothing for weddings, special occasions, etc. Professional children's shoe fitting is a rare service offered today and is a much sought after service for many of the stores customers.
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