Asking Price: $125,000 Gross Revenue: $115,877Cash Flow: $47,126 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $5,000 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.
CPA or EA Practice specializing currently in business tax returns. Seller insists buyer has business practice experience as the clients are specialized. New account has been added this year which will bring in approximately $12,000 in additional gross revenue. Location has 2 offices already and a kitchen. Room to add more offices or desk areas. Adding personal tax returns and smaller clients should significantly increase business. Trained employee willing to stay. Seller will stay on as a face for the company for up to a year for smooth transition Please refer to listing #3353392624 and ask for Joseph Nicolini when inquiring. Thank You!
About the Business
Sarasota County, Florida
Number of Employees:
Building Sq. Ft.:
$2,480.00 Per Month
Lease/Month: 2480 Square Footage: 1600 Building Type: Strip Center Terms & Options: 1 - 3 year option Expiration Date: 6/1/2020
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or stake in the sale of this business and has not verified any of the information
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