Asking Price: $365,000 Gross Revenue: $1,139,631Cash Flow: $111,723 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $227,122 included in asking priceFF&E: $186,400 included in asking priceReal Estate: $749,000 not 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.
2 Truck Accessory stores for sale in Jacksonville. Absentee owned (and it shows) business is ready for a new owner. Both locations have managers in place (financials NOT adjusted for owner operated). Lease the stores or buy the Real Estate ($749k per location). Both high traffic locations with plenty of traffic! HUGE potential for the motivated buyer that can add systems and increase sales with dealerships. New owner could work limited hours. Ideal turnaround business. Assets of over $400k not including build-out costs. $150k down and seller will finance the rest. Seller has another business and no time for this one. Call today for NDA.
About the Business
Number of Employees:
Real Estate available at $749k for each location. 50% Seller financing available for Real Estate. Seller will rent both facilities for $7000 per month, additional terms to be negotiated.
Longtime business (30 years) with 2 unique locations for customers. Diversified products make this a great opportunity.
Growth & Expansion:
Extensive opportunities for growth with semi-absentee owner that can grow tthe sals and relationships with auto dealers.
Will train for 2 weeks @ no cost. No special skills required. Increase sales by working with dealerships and also add additional services like window tinting, audio and more to grow this stagnant business.
Huge Potential - Multi Location Truck Accessories Business
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