Asking Price: $248,500 Gross Revenue: $270,000Cash Flow: $115,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $50,000 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.
Enjoy a winning combination of southern hospitality, low country history, and proven business success. This establishment is a staple to the Beaufort County with an additional location in nearby Chatham County. The company has been operating for over twenty years and enjoys a 5 STAR Rating on Trip Advisor.
Savannah boasts 15 m Tourists per year and Beaufort County adds another 56 m. Tourism accounts for $1.3 billion of contribution to the local economy. Local Government has a 3, 5, & 15 year Strategic Plan. Heritage & historic tours are the key components to this business. The city’s commitment to this plan ensures continued growth and profitability. This operator is perfectly poised to capitalize on this opportunity.
Five air-conditioned Tour Vehicles, Genuine Period Costumes, scripts, and leased ticket office are included in this transaction.
Rare opportunity to combine a passion for local community and history with an ESTABLISHED Business in Beautiful SC.
Michael Korizno, Atlantic Business Alliance, LLC
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Established Tour Business---Multi Venue-Multi Site
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