Asking Price: $150,000 Gross Revenue: $291,318Cash Flow: $81,192 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,670 included in asking priceFF&E: $23,500 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.
This business is a Denim Repair and Customization company. They offer reweaving repairs, patches, hems, alterations, customization and much more.
The market demand for the services provided by this company is huge and has barely been tapped. Consequently the growth potential for this business is enormous.
The business comes not only with a detailed website, but with social media accounts that provide many avenues for growth. In short, the company has a great online presence. Their customers come from social media inquiries, word of mouth referrals and exposure at trade shows hosted by retailers such as Bloomingdale's, Levi's and H&M Clothing.
The seller recently moved overseas for personal reasons and has made the decision to remain there. Consequently, she has decided to sell the business. The company is currently being run on a day to day basis by a highly competent manager with remote oversight from the owner.
The buyer of this business will be inheriting well established operating systems that have been recently upgraded and fine-tuned by the seller.
About the Business
Number of Employees:
Building Sq. Ft.:
$3,500.00 Per Month
The business is located in an office building.
There aren't many companies providing the same services as this business. And because the potential market for these services is so great, competition is not an issue of concern.
Growth & Expansion:
The growth potential is enormous. The seller has only scratched the surface of the pent up demand for the services that this company can provide. Her focus for the last two years has been on building the infrastructure to support significant growth. Now that everything has been put in place to support this growth a new owner will be able to capitalize on and benefit from the hard work and significant investment of the seller.
The seller has moved overseas for personal reasons.
The manager of the business will train the buyer on a day to day basis, as needed, in order to insure a smooth and successful transition. The seller will also be available, remotely, for training and support.
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
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