Asking Price: $899,900 Gross Revenue: $2,000,000Cash Flow: $290,000EBITDA: $225,000Inventory: $120,000 not included in asking priceFF&E: Not Disclosed 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.
This business is a grocery, deli, liquor and sundries business with both walk-in and fast delivery. Neighborhoods served by 30 minute deliveries include affluent suburbs of Los Angeles. Loyal base of existing customers. Revenues and discretionary earnings are stable and strong.
About the Business
Los Angeles, California
Number of Employees:
$3,944.00 Per Month
Physical store with complete FFE
Business model is delivery of groceries, deli, liquor and related items within 30 minutes. Pros: Business is very competitive in this space, with top YELP ratings compared to competitors. Excellent deli is a big competitive advantage. Type 21 liquor license is a competitive advantage. Delivery drivers are all employees; drivers are face of the business to established customer base, resulting is customer loyalty. Affluent communities within seven miles is target market. Con: business model makes expanding geographic footprint problematical.
Growth & Expansion:
Pro: This market segment is very popular now. Top YELP ratings compared to other boutique fast delivery competitors. Expansion con: Business will not challenge big nationwide players like Kroeger, Amazon.
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or stake in the sale of this business and has not verified any of the information
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