Asking Price: $60,000 Gross Revenue: $268,242Cash Flow: $147,833 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $32,000 included in asking priceFF&E: $2,000 included in asking priceReal Estate: Not Disclosed Share 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.
Owner Motivated, Price Change Due to Health Issues. Elegant Bridal Salon, located in a very upscale town in Morris County. Situated in a Victorian home. Established in 1984, the salon has a long list of happy brides. This salon specializes in Mother of the Bride, Bridal Gowns, Bridesmaids and Prom dresses. Selling due to health issues. This is a great opportunity for a fashion oriented entrepreneur. Seamstress will stay on.
About the Business
Number of Employees:
First Floor of a Victorian House just off the Main Street in town.
Weddings are always happening with Brides needing assistance in choosing their gown. The business is set in an elegant setting. Excellent alterations.
Growth & Expansion:
Owner has health issues so the salon has been functioning on limited hours. The new owner can go back to regular hours and start marketing again.
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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