Asking Price: $155,000 Gross Revenue: $275,563Cash Flow: $70,613 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,500 included in asking priceFF&E: $38,000 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.
Join this well-established nationwide tutoring franchise that is ranked as one of the top 500 franchises in the USA/Canada by Entrepreneur Magazine. The company provides instruction through multiple academic programs in reading, writing, math, enrichment, and pre-SAT/ACT with an emphasis on building concentration and confidence. They tutor children in grades K-12. This business has a very professional website as well as great Google, Yelp, and Facebook reviews. The business maintains an enrollment of 75-85 students. Seller only works four days a week. There is a $15,000 franchise transfer fee that is paid by the buyer. Potential buyer must have a Bachelor’s Degree. This business has great books and records so it would easily qualify for an SBA loan for a qualified buyer.
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