Asking Price: $795,000 Gross Revenue: $1,050,000Cash Flow: $300,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 not included in asking priceFF&E: $20,000 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.
Light & Raphael is pleased to offer for sale a well-respected and growing women’s clothing franchise store in Tidewater, Virginia. The store has a loyal following and continues to grow its sales annually. This is the most successful store in the franchise’s system. The business is run largely self-sufficiently with the manager and a new owner could either run the store or opt to continue the current ownership model. The store is located in a popular shopping center.
About the Business
Building Sq. Ft.:
Location is leased at a popular shopping center.
Globally, women’s apparel is an enormous industry that is continuing to grow. Worldwide, the clothing industry is expected to see double digit growth through 2020, growing by as much as 17.2%. As the millennial generation—which is bigger in number than the baby boomers—continues to get older and enter into prime spending years, their spending on clothing is expected to increase.
Indeed, apparel is the biggest sector in the entire retail industry, generating the most revenue. In 2013, women’s apparel sales equaled a whopping $116.4 billion, and that number is only going to grow. Women spend more than any other demographic on clothing and fashion, so investing in a clothing franchise is a smart way to tap into this industry.
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the seller or a business broker representing the seller. BizQuest has no interest
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