Asking Price: $800,000 Gross Revenue: $2,800,000Cash Flow: $274,000EBITDA: $274,000Inventory: $200,000 not included in asking priceFF&E: $74,000 included in asking priceReal Estate: $2,250,000 not 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.
One of the largest liquor stores in semi-rural Colorado, prominently and strategically located, offers easy cash-flow to an owner-operator or to an absentee-owner. The seller also owns the underlying real estate and would extend a right-of-first refusal on the underlying property, with the intent to sell the property 2-3 years following the sale of the business. The property would rent to the new owner at $16/square foot/year plus expenses (taxes, utilities, insurance, etc.). The building is 8,000 square feet. The business currently carries approximately $500,000 in inventory, at cost, and the seller would be willing to reduce inventory to as low as $200,000 in order to make the business more affordable to purchase.
About the Business
Number of Employees:
Building Sq. Ft.:
Located very near a large retail complex with major chain stores, the facility has high ceilings and ample parking, off a main thoroughfare with high traffic.
This is the largest and most competitive liquor store within a 20(+) mile radius.
Growth & Expansion:
With 13 years in its existing location, and at over twice the size of its nearest competitor, this business enjoys several competitive advantages that can be leveraged with a modest marketing budget.
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.