Asking Price: $695,000 Gross Revenue: $1,883,660Cash Flow: $322,815 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $100,000 included in asking priceReal Estate: $900,000 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.
A full service flooring company dealing in carpet, tile, vinyl and wood floors. Full staff and manager in place. Nine years of growth and successful installation in new and existing homes and businesses. Largest flooring company in the area.Seller owns the building and will either sell and hold mortgage or lease it to new buyer. Seller will stay on as a part time sales person. Revenues have been increasing each year. Located on major trans Fla. Rte. Business has been SBA Pre Qualified. Total SBA loan and fees equal $782,800. Buyers Cash Injection to be $157,000. SBA loan amount $625,800. Ten year amortization. Real estate has also been SBA Pre Qualified.
Please refer to listing number 0101-716303 and advisor Arthur Pernice when inquiring on this listing.
About the Business
Highlands County, Florida
Number of Employees:
Building Sq. Ft.:
Lease/Month: 6500 Square Footage: 6000 Building Type: free standing Terms & Options: available Expiration Date: 12/1/2028
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.