Asking Price: $149,000 Gross Revenue: $24,000Cash Flow: $12,476 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,500 included in asking priceFF&E: $1,850 included in asking priceReal Estate: $135,000 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.
Charming, Established, and Profitable. This retail Thrift Store is located in the heart of the Historic Triangle of Virginia where antiques, collectibles, and memorabilia of yester-year attract a steady and loyal following of buyers. The business owns all of its inventory (no consignment goods are ever offered) and has built an established, well known and respected brand name in the community. The owner has nurtured and developed a merchandise supply chain that insures the inventory stays fresh and appealing -- from practical housewares to boutique items and decor, including jewelry, collectibles, vintage items and much more. There is literally something for everyone in the family in this fun, interesting and pleasant shopping space. The inventory is included in the asking price but is completely at the buyer's option -- so the price will be adjusted downward if the buyer does not want to purchase.
About the Business
Number of Employees:
Building Sq. Ft.:
The standalone 1,125 sq. ft building is located in the heart of Historic Virginia, in a perfect location for a thrift retail business (or many other business possibilities from a professional practice, computer repair shop, or a used vehicle business). The building has been restored to service this current operation, but it has served many purposes over its 118 year life. Leasehold improvements of $11,700 have made this historic space look and feel all new again. The building is situated on a side street approximately 50' from a busy traffic corridor which carries daily commuters and locals. There is a self-contained parking lot which could hold around 10 vehicles. The Real Estate in this offer carries a significant portion of the value and could be tailored to any business offering an entrepreneur could imagine.
The retail Thrift Store market in this location is relatively competition free with next consignment/type thrift offerings about a 15-20 minute drive away. The very nature and lifeblood of this business is unique, one of a kind merchandise which makes inventory selection critical and competitive factors less important.
Growth & Expansion:
There are a few significant growth opportunities available: 1. Longer operating hours -- currently business only open 4 days 2. Additional marketing resource investment to neighboring town audience 3. Inventory adjustments to include greater mix of furniture or higher end items
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
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