Asking Price: $2,400,000 Gross Revenue: $6,164,026Cash Flow: $505,349EBITDA: $505,349Inventory: $2,000,000 not included in asking priceFF&E: $648,962 included in asking priceReal Estate: $1,500,000 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.
Very profitable long established Gas/Convenience /Sporting Goods Store located in Central MN. High disposable income area next to one of states most popular lakes. Multiple income drivers including gasoline sales,thriving convenience store,area's best sporting goods/gun store.
Good staff in place,owner wants to retire .
Possible seller financing on inventory
About the Business
Number of Employees:
8ft 12 pt
Building Sq. Ft.:
Very Attractive ,totally updated store complete with elevator for 2nd floor Great selection of merchandise good parking with great access and visibility.Good mechanicals,property shows great .Owner takes a great deal of pride in his business and building and it shows.
Only Business of it's type in the area with big upside for a new owner
Growth & Expansion:
New owner could add off- sale liquor for an extra $1 -2 million in additional sales.
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.