Asking Price: $195,000 Gross Revenue: $280,000Cash Flow: $15,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: 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.
Great opportunity to join the Dairy Queen Brand. The offering is a completely renovated storefront with new signage and interior remodel. The property is an end cap to a busy fully remodeled shopping center located at a signalized intersection with traffic counts exceeding 45,000+ vehicles per day. Full patio for customers to enjoy soft serve outdoor.
About the Business
Oakland County, Michigan
Number of Employees:
Building Sq. Ft.:
$3,103.00 Per Month
Hours of operation: 11:00 AM to 10:00 PM / 7 days
The nearest competition is a Baskin Robins 1 mile to the North and a Culver's 4 miles to the South. The nearest Dairy Queen is 3 miles to the North.
Growth & Expansion:
The operation is being operated by absentee ownership. With a day to day owner/operator the store sales will increase, payroll and cost of goods will be slimmed down tremendously.
The information on this listing has been provided by either
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
full Terms & Conditions.