Asking Price: $55,000 Gross Revenue: $190,000Cash Flow: $30,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 not included in asking priceFF&E: $20,000 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.
Light & Raphael is pleased to offer for sale a successful ice cream store in Richmond, Virginia. The business is located in a shopping center. It is absentee owned and would benefit from a committed, onsite owner. The store offers a unique product and has a strong social media presence.
About the Business
Number of Employees:
Building Sq. Ft.:
$1.67 Per Month
Leased space at popular shopping center
Growth & Expansion:
The North America ice cream market is expected to register a CAGR of 4.1% during the forecast period, 2018 to 2023. The rise in income along with an increased indulgence for sweet dishes drives the growth of this market. The sales of low-quality ice cream have been declining due to the increased preference for premium ice cream. The innovative flavors that companies have come up with act as a major driver for this market. Moreover, private labelling reduces the price of ice creams, thereby increasing the demand. The sales of basic variety ice creams have been declining in favor of premium ones. Currently, the United States is leading the way due to the introduction of handcrafted ice creams, which is relatively linked to the market maturity.
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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
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