Asking Price: $250,000 Gross Revenue: $650,000Cash Flow: $135,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $100,000 not included in asking priceFF&E: $125,000 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.
Long-established (30 years) fine menswear and accessory shop. Some exclusive lines, some personal label. Has had three North Shore locations.You cannot find his inventory in department stores.Loyal customers follow. In-house master tailor for new purchases and existing wardrobe. Italian and European fashions are sold here. 1500 sq ft plus 750 sq. ft. loft Full master tailoring, fabrics, sportswear, custom suits, tuxedos, accessories, shoes, etc. This is a full-service shop with commitment to excellence and service. Serves an affluent North Shore clientele. There is a 5,000-person mailing list. Great reputation and loyal customer base. Industry background is essential. Contact broker Joseph Stansky for more details at 1-877-735-5224.
Fine Italian Men's Wear in Nassau County, NY - 30780
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