Asking Price: $3,200,000 Gross Revenue: $4,800,000Cash Flow: $413,400 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000,000 not 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.
This forty years old whole sale tiles and distribution business is located on one of the busiest routes in New Jersey. Three brothers own it, and they are too old to run it. The youngest one is willing to stay with a new buyer, and is willing to give him 50% of partnership until a new buyer is fully conversant and equipped with the running of the business. The business has a huge list of retail clientele who are with this wholesale tiles business for over thirty years. Its name is well-respected and highly-recognized in the tiles industry. For a new buyer, It is once in a life time opportunity to own and run this business. Its monthly gross sale is over $400,000 a month. The paper work is meticulously maintained under the guidance of the rules of accounting. Inventories are worth 3 millions which are included in the asking price. Seller is willing to finance. Sellers' net cash flow after paying all the expenses is $400,000 a year. Proof of funds is a must.Call 1-877-735-5224 for more information.
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