Asking Price: $550,000 Gross Revenue: $945,096Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $150,000 not included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed 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.
Established corner market with solid customer base. This store has been open for over 20 years. It sells liquor, beer & wine. Along with some food and snacks. They offer check cashing and sell lottery.
Business and building are included in the asking price.
Great chance to own an absentee ran business. It needs a new owner operator to take it to the next level.
Seller owns multiple locations and has not been able to focus on this one.
$550,000 includes the business, real estate and liquor license.
About the Business
Oak Park, Michigan
Number of Employees:
Building Sq. Ft.:
The current owner does zero marketing and doesn't have much of an online presence. Getting a website and utilizing other online marketing could increase sales.
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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
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