Asking Price: $1,550,000 Gross Revenue: $410,000Cash Flow: Not DisclosedEBITDA: $40,000Inventory: $15,000 not included in asking priceFF&E: $300,000 included in asking priceReal Estate: $1,400,000 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.
Great Famly Biz Location! Established (1930s) Marina. Includes; Real Estate; 8 ACRES on 1100+ Ft. of protected shore; Docks, Slips, C-store, Off-Sale Bottle, Bait, Fuel, Boat Repair & yr'round storage. + 5 Cabin Village; updated, clean, spacious & many amenities in the heart of the BEST lake In the state of over ten thousand. PLUS, 2000+ Sq Ft bonus building begs to be (for Sale or Rent) fast-casual, dine-in & take-out food and beverage concept. Addt'l land avail. for more parking, wooded cabin or your ideas. Family compound. Prime location for Fast Casual Food concept and a building ready.
On the shores of beautiful 40,000 acre 365 islands; Lake Vermilion "lake of the red sunsets".
Multiple PID (extra parcel is detached.
About the Business
Number of Employees:
Building Sq. Ft.:
9000 Sq Ft of 5 year-round House/Cabins (see on VRBO) Bottle shop C-Store Gas service Slips/Docks (open and covered) Boat Repair shop Bait shop 2 Boat Storage buildings 2000 SF Commercial building (opportunity for Food & Beverage) Protected bay (great for sailboats/pontoons
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.