This is a long established business with a very healthy growth rate. The owner is nearing retirement. This is a business that could easily do more in sales if a new owner wanted to grow it there is a large untapped market that the current owner has not captured. This business is very dynamic and easy to pickup. This is a perfect business for an entrepreneur looking to work for themselves and grow an already successful business or keep the current profits where they are.
nearing retirement and getting ready to relocating
The owner is willing to train
Ad Detail Views:
Asking Price: $699,000 Gross Revenue: $1,600,000Cash Flow: $235,000EBITDA: $235,000Inventory: $170,000 included in asking priceFF&E: $165,000 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.
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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