Asking Price: $100,000 Gross Revenue: $140,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: Not Disclosed 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.
Once in a lifetime opportunity to get a patented product with crazy potential. In 2016, we sold out of our 1K inventory in 1 day on TheGrommet.com, and didn't have any more until end of March (Chinese new year). Sold out of that sometime in April and didn't buy any more for the summer since I wanted to take that off. Started up again in Fall 2016, then being so busy working full time and trying to do this during 2016 holiday that we called it quits January 2017 as noted on our Blog. Didn't buy anymore last year until late August, to have just in time for the Steve Harvey show, and sold out of that by mid-Sept. Didn't get any more in until late Oct and was sold out by Dec 1, 2017.
If you want more detailed financial info contact me :) Don't want to post here.
Patented was awarded 2017 September 20 year patent. Utility Patent that is broad and is AMAZING.
I bought the company and got it 3 months ago. Would love to keep going with it and re-launch and get things moving, but have been very busy working on another kickstarter project and giving the opportunity for someone else to market it and let it explode!
Reach me anytime
About the Business
Patent, design, package design, pictures, professional videos, websites, amazon, inventory, social media, E.C, everything.
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