Asking Price: $110,000 Gross Revenue: $115,000Cash Flow: Not DisclosedEBITDA: $75,000Inventory: $25,000 included in asking priceFF&E: $40,000 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.
Locksmith Business For Sale! Great opportunity be your own boss and own and operate a small business located in Middlebury. Be one of the only locksmiths in Addison County. Current owner is retiring and is willing to train an inexperienced buyer. Business has great potential to expand current services and add additional services to increase revenues.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Yr.:
Business assets for sale include: extensive customer list, business name, locksmith specific tools/machines, inventory, mobile unit van, computer with industry specific software, furniture & fixtures, website, phone number, reference books, training, and goodwill. Tangible assets valued at over $65,000.
Desirable lease terms for current space can be negotiated with landlord as part of the transaction or business could be moved to a new location.
Be one of the only locksmiths in Addison County. Business has great potential to expand current services and add additional services to increase revenues. Business is centrally located in Middlebury and serves all of Addison County and can service Chittenden and Rutland County.
Growth & Expansion:
Multiple areas of the business can be expanded including automotive, security systems, safe lock smithing, and more.
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.