Asking Price: $70,000 Gross Revenue: $120,000Cash Flow: $35,000EBITDA: $35,000Inventory: $12,000 included in asking priceFF&E: $35,000 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 Richmond metro Asian Market with focus on Filipino cuisine is one of a kind in Richmond Metro Area. Business has been in existence since 2010 and continues to thrive with serving the Filipino community with growth as well in the non-Filipino community. Primary Services include a grocery store, dine in or carry out and catering services. This is located in a very nice strip shopping center with excellent exposure and favorable rent rate. Nice equipment array with Hood and Fire Depression, Walk in Cooler, several refrigerators, shelving, tables and all the items necessary to make this a very comfortable place to shop and pick up food. You have a few tables inside and you could add tables outside if you want to focus on more people eating at the store. You can think of this business like a Good Foods Grocery (https://www.goodfoodsgrocery.com) but focused for anyone wanting Filipino Groceries, Take Out or Eat In Food or Catering. Also unique is their MONEY REMITTANCE SERVICE AND CARGO SERVICE BUSINESS serving the Philippines.
Filipino Grocery, Dine In, Take Out, Catering, Shipping
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