Asking Price: $250,000 Gross Revenue: $311,799Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $74,751 not included in asking priceFF&E: $80,000 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.
Established in early 2016 and opened its doors in August of 2016. The company is a franchise and the process for opening the business is very straight forward. The business has grown nicely over the past years due to its great location and proximity to a major high school. The location with in the shopping center also yields great potential for walk in traffic. The reputation of an honest and fair process for purchasing used Apple Computers, Phones and Accessories is widely known. The high level of service in the timely fixing Apple Phones and Computers is definitely an engine for this stores growth. The great customer reviews add to the appeal of the franchise. The Marketing and subsequent gathering of both emails and phone numbers gives this store the opportunity to streamline the process. Text message marketing keeps the customers in front of this store and has become a vital part of the growth. Being part of the Henderson Chamber has given the business a well known name in Henderson.
About the Business
Number of Employees:
Store is approx 1,800 sq ft. It has ample parking for customers. The retail front comes with all display units and furniture. Lease expires August 2021.
The location is a huge plus for this business. The service rendered is a major difference and grows this business. The store is a big part of the community and a lot of business is referred to the store through Social Media and word-of-mouth.
Growth & Expansion:
This industry continues to to grow and the resale/refurb market is flourishing. Due to the once a year Apple launch and the used market cycle, we are tapping into the business cycles created by the technology.
Henderson Area electronics store in prime location For Sale
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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
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