Asking Price: $299,000 Gross Revenue: $1,000,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $50,000 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.
An established gourmet food, distribution business is available for sale in NY. This business has built its reputation over the past 20 years by importing premium gourmet foods and providing excellent distribution services to its many loyal clients. The clients include many well-known NY and specialty stores. This business is easily relocatable to your existing warehouse/distribution center or you can enter into a lease at the existing location. The business enjoys very healthy margins and plenty of repeat business. There is also tremendous opportunity to grow the business as the current owner does little to no marketing; there is no web site or dedicated sales efforts. Additionally, this business has more orders than it is able to fulfill. This is the ideal add-on business to an existing distribution company or a great standalone business which is poised for growth. The owner is looking to retire and has priced this business to sell quickly at $299,000 + Inventory. Please refer to Listing Number #13126 when inquiring about this opportunity.
Gourmet Import/Distribution Business for Sale – NYC
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