Asking Price: $1,197,000 Gross Revenue: $1,558,847Cash Flow: $376,318 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $180,000 included in asking priceFF&E: $10 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.
This internet business sells niche classic imported automobiles, car parts, and branded merchandise through its high traffic, well SEO’ed ecommerce website. The business operates out of a warehouse with minimal physical customer interaction.
Online presence is very strong with over 180,000 organically grown social media followers. The online business is highly respected in the industry and often receives referrals from competitors. Customers rave online and in person about how great the staff is.
The business is scalable and has several options for growth channels. Owner will include a business plan, a marketing plan, and provide suggestions on how to grow the business. Business processes are well documented, and employees are well trained.
Current owner works 10-15 hours per week and manages the business from out of state.
The business can be relocated anywhere in USA without materially affecting business or customer base. [Owner will assist with move logistics if desired]. The business can alternatively be kept at its current location and managed from anywhere utilizing existing employees & contract labor. Little to no car (or auto dealership) knowledge is required to run this business. Will train as needed.
THIS BUSINESS DOES NOT QUALIFY FOR SBA LOANS: BUYER NEEDS CASH OR EQUITY
About the Business
Number of Employees:
Building Sq. Ft.:
$2,900.00 Per Month
4,400 Square Feet warehouse with 2x air conditioned offices and a bathroom. Lease is month to month, buyer can choose to stay, move, or relocate anywhere in USA.
Healthy market with long term stability.
Growth & Expansion:
Lots of options for Buyer to grow or expand into. Owner will provide their suggestions.
Internet-Based Niche Automotive Company - Ecommerce Cars Parts Apparel
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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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