Asking Price: $300,000 Gross Revenue: $276,447Cash Flow: $86,715 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 not included in asking priceFF&E: $30,000 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.
High-end beer & wine to-go store with a wide selection of products and placed in a prime location is available for acquisition. This business was originally established over half a decade ago in 2017 by the current owner of the business. Most of the customers are upper-class individuals working in the office buildings that surround the area and wealthy adults with large amounts of disposable income living in the densely populated residential neighborhoods. Net sales average was $320,000/year that has been steadily increasing each year even though the construction of the road that slows the flow of customers has been present for a decent period of time. Some marketing is in place for this business on certain social media outlets, other proactive marketing methods needs to be fully utilized to generate the maximum amount cash flow and new customer acquisition within the local area. Competition can be expected within this industry, but all the competitors within the immediate market area are indirect competition that lacks the selection of alcoholic beverages that truly attracts the right crowd of repeat customers and consistent sales. There are many ways to proactively market this business such as direct mailing, other social media outlets, discounts, website, retail items and bulk purchases for local businesses. Construction of the road nearby has caused the sales of this business to slow down by only a little margin, but the sales should drastically increase once the construction is complete and allowing more vehicles to pass by smoothly. This business has everything place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.
Listing ID #000675
For more info, please call Stephen Lee at 1-866-519-2421.
About the Business
Number of Employees:
This business is located in a 1,500 SF mixed-use development center that is surrounded by high-end apartment complexes and businesses that attract many individuals to the area.
Few indirect competitors are within the immediate market area, but this is the only business that solely focuses on the sale of alcoholic beverages and provides a wide selection of products not available by the competition.
Growth & Expansion:
Some marketing is in place online, but other proactive marketing methods needs to be fully utilized to generate more revenue and acquire new customers.
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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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