Asking Price: $950,000 Gross Revenue: $1,500,000Cash Flow: $275,000EBITDA: $225,000Inventory: Not Disclosed included in asking priceFF&E: $65,000 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.
Very well established premium small batch bakery located in Houston. Solid loyal repeat customer base consisting of commercial accounts (70% of revenue) and walk-in retail (30%) - largest wholesale account with business for 15+ years and minimal client turnover. Current owner works 30 hours/week in purely managerial role. Solid financials with high cash-flow. Long-term loyal employees. A solid long term business that can be taken to the next level.
About the Business
Number of Employees:
Building Sq. Ft.:
The Company recently renewed their lease where they have been located for the last five years.
Competition from other bakeries is very limited. The Company has a very high retention rate among accounts making which shows the Company's ability to keep competitors at bay.
Growth & Expansion:
Recurring revenue from wholesale is 98%. This is a stable base that is coming back year after year. Adding a few more wholesale accounts will lead to strong bottom line growth.
Expanding retail by offering delivery and online ordering would generate additional revenue as these items are requested regularly by customers.
Very little is spent currently on advertising - mostly word-of-mouth.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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