Asking Price: $39,000 Gross Revenue: $255,000Cash Flow: $50,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 not included in asking priceFF&E: $15,000 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.
Retail store has a variety of product type and nicer product lines. Growing revenues at 10%+ annually. Most are home decor or furnishings, with both new product lines from a variety of manufacturers and high end, clean resale. The exact product mix and store layout changes in order to keep customers engaged and coming in frequently. Owner can help new buyer with wholesale sources for new products. Product pricing is affordable. Low overhead has allowed the owner to make an attractive net income. Priced well below market.
About the Business
Number of Employees:
Building Sq. Ft.:
$2,200.00 Per Month
Leased Commercial Retail Space with good lighting, lots of parking, high traffic count, and easy access.
Retail stores exist all over Newburgh and the east side of Evansville. Revenues of this business continues to increase 10%+ annually. The key is to carry products that people want and have pricing they can afford.
Growth & Expansion:
Gross revenues can easily be increased with this business with additional business hours and either advertising or selling online.
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.