Asking Price: $400,000 Gross Revenue: $1,300,000Cash Flow: $190,000EBITDA: $190,000Inventory: $300,000 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.
Long established high end women's shoe and accessories store commands a loyal following among a fashion conscious and wealthy clientele. All brands carried in the store are unique and famous for their quality and style. The store maintains an exclusive selling relationship with virtually all of its vendors. Not everything in the store is exorbitantly priced though. Some accessories are priced under $50. Importantly, the business' lease extends to 2022 with a 5 year renewal option, and the landlord is exceptional.
About the Business
Number of Employees:
Building Sq. Ft.:
$13,500.00 Per Month
Fully stocked, beautiful store.
Other local stores carry major brands. This store is unique in its high end brand offerings. The store is #1 in its market in offering class and style.
Growth & Expansion:
The store s 40 years old so many of its clients are aging, loyal customers. The big opportunity is to tap the largely untapped market for younger wealthy women.
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.