Asking Price: $649,000 Gross Revenue: $800,000Cash Flow: $186,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,500 included in asking priceFF&E: $50,000 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 $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Great operating business that has been open for over 20 years serving the North Texas region. This opportunity consists of two locations - seller owns one of the properties and is willing to either sell or lease to buyer. Long term lease can be assumed on the other location. This company distributes products of one of the top names in all hearing aid services with over 70-year track record and 1,500 locations nationwide.
The hearing aids market is expected to exceed more than US$ 7 Billion by 2022.
The major driving factors of hearing aids market are:
Increasing aging population globally
Growing the technology in hearing Aids
High frequency of hearing loss
Nice locations, great staff in place, solid customer base and a strong history of serving the local community with brand name products makes this a great opportunity for the right person. There is also opportunity to grow the business by increasing marketing activities including social media presence.
3 year average revenue in excess of $800K, and earnings of $186K.
Furniture and fixtures original cost of over $250K.
Asking price for both locations as one package for $649K. Real estate available for purchase of one of the locations with an asking price of $250K.
Seller is ready to retire and is negotiable.
About the Business
Number of Employees:
Building Sq. Ft.:
2 facilities - one is owned by seller and available for purchase, the other is a lease facility
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the seller or a business broker representing the seller. BizQuest has no interest
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