This is a Convenience Store and Deli. Currently the Deli is not in operation. The owner is running it solo since his son has a new job and cannot handle the store and Deli as well. Does a steady Lottery business of $2750 per month which completely covers the rent. Averages $5-600 per day in the winter and $8-900 in the summer.
Has a 3 foot hood and grill. Ten door reach in freezer, Coffee and Cappuccino machine, slicers ADT system, mini cooler, safe, ice machine, ice cream cooler, and Snapple reach in fridge
Asking Price: $45,000 Gross Revenue: $275,000Cash Flow: $20,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 not included in asking priceFF&E: $20,000 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.
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