Asking Price: $650,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $1,000,000 included in asking priceFF&E: Not Disclosed 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.
The owner of the largest, well established high-end fabric center located in affluent area is seeking a new owner to continue serving her long term exclusive clients and tale such as; Houston Ballet, Operas, Broadways, Movie Producers, and Fashion Designers, etc. After 21 years of dedication to this business, the owner is ready to retire. This is the unique business with a great potential to expand to online business. Her worldwide inventory continues attract the demand of the international clients. The owner currently has over $1 million of inventory, fixtures, equipment and the goodwill, all included in the price of $650,000. It is easy to operate. Seller will provide training to new owner.
About the Business
Number of Employees:
Building Sq. Ft.:
$6,500.00 Per Month
Located within the busy shopping center in the affluent area in the Houston.
This is a very special niche of business. There is no competition!
Growth & Expansion:
One of the kind business! There is a great potential to expand to an online business. Since they are already serving international clients.
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.