Asking Price: $355,000 Gross Revenue: $575,000Cash Flow: Not DisclosedEBITDA: $76,600Inventory: $205,000 included in asking priceFF&E: $150,000 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.
This business is a retail hardware store established in the neighborhood since 1926. The client base is very loyal, sales are increasing, and store longevity has been proven for over 90 years. Approximately 18% of revenue is comprised of equipment rental and other ancillary services. Included in the offering is a second business with an online presence and an established base of commercial clients. The secondary business operates out the hardware store location and offers the potential for significant growth.
About the Business
Number of Employees:
The store operates in a leased location from the previous owner. The store has a footprint of 6,450 square feet, including two 900 square foot back rooms and a 4,500 square foot basement. There is a 5 year option to extend beginning in 2020 and is assignable.
Growth & Expansion:
New owner can extend hours, increase advertising, target additional commercial accounts, grow online presence of add-on company, and add additional ancillary services.
Established Neighborhood Hardware Store and Equipment Rental Company
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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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