Asking Price: $150,000 Gross Revenue: $176,643Cash Flow: $73,506 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $48,500 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.
Skyward Kites at Haulover Beach is a fun and easy to operate 27-year-old business with low rent and very low operating expenses. The business sells kites, ice cream, drinks, and rents out space for parties. This is a turn key operation. Just opened a second location and obtained 4 additional festival permits to increase future profits. You can purchase kites in retail stores but there is no local business where you can buy your kite and fly it minutes later, with expert assistance in assembling and flying your kite. The last Skyward Kites festival had 20,000 attendees. Please refer to listing number 0101-554690 and advisor Rob Cohen when inquiring on this listing.
About the Business
Miami-Dade County, Florida
Number of Employees:
Building Sq. Ft.:
$300.00 Per Month
Lease/Month: $300, Square Footage: 300 , Building Type: Two Trailers Terms & Options: Monthly for 27 Yrs Expiration Date:11/30/2018
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