Asking Price: $59,995 Gross Revenue: $42,000Cash Flow: $22,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $17,000 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.
BEST ITALIAN ICE IN BEAUTIFUL SC—STORE & MULTIPLE MOBILE LOCATIONS--2019 REVENUES UP DOUBLE DIGITS
Be Your own boss without breaking the Bank!! Own & manage this Multi-Site Operation. High Quality Product--Ideal 700+ sq ft town center storefront. Current owners have established strong operational process. Very High Margin business-- significant growth opportunities (either additional locations or additional carts) to leverage the infrastructure in place. For Example--Loyalty program in place. Sporting events, employee appreciation, parties—children or adult---growth is only limited by your resources. Seventeen year old regional Franchise with Cult following. Product is incredible—Dairy Free, gluten free, cholesterol free, fat free---Authentic Italian Ice—50+ Amazing flavors at only 100 Calories. Twelve mile protected operating radius. Two Pushcarts for events / mobile sales—one beach ready. 2019 Revenue tracking up 40%.
Don’t miss this chance to be your own boss—making your income in the customer facing entrepreneurial environment you enjoy. Beautiful Beaufort County SC
Michael Korizno, Atlantic Business Alliance, LLC
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Frozen Dessert--Storefront & Multi-Mobile Locations in SC
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