Asking Price: $350,000 Gross Revenue: $400,000Cash Flow: $215,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
This business provides a higher class service than that posed by ridesharing or taxi services. It has a 60% profit margin. By targeting high-profile clientele who demand predictability, dependability and attention to service, this private car business has thrived in an environment of cheaper alternatives. The clientele this company serves does not use taxis so they have not been affected by Uber/Lyft presence in Denver.
Company has a strong web presence and 5 star reviews on Google, Facebook and Yelp. Owner looking to move out of state, but will make introductions and train a new owner as needed. Owner may be willing to carry a note on a small portion of the sale under the right terms. Business owns 5 vehicles that will be negotiated separately.
High Profile Customers Use This Luxury Car Service For Sale
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