Asking Price: $10,000 Gross Revenue: $48,000Cash Flow: Not DisclosedEBITDA: $20,000Inventory: Not Disclosed FF&E: $8,000 not 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.
This children's party venue has been a successful business for 3 years. They offer variety of party themes and packages that are hosted in the event space. Party packages start at $275 - $295. Owner started this as a part-time job and has steadily increased sales each year. While most of the parties occur over the weekends, there is an opportunity to hold events during the week, as well. Owner is leaving due to a promotion at the current job. Perfect opportunity for the new owner to come in and take it to the next level.
The business produced gross sales of $48,000 in 2018 and $33,850 in 2017 with an EIDA of $15,000 in 2017 and $20,000 in 2018. This is a business that shows reliable income and a high growth potential.
About the Business
Glen Allen, Virginia
Currently renting a space at 10861 W. Broad Street, Glen Allen VA.
Children's Party Venue -Fairy Tale Parties- For Sale
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