Asking Price: $65,000 Gross Revenue: $260,000Cash Flow: $36,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $10,000 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.
Looking for a quick sale. This store enjoys established clientele, exceptional name recognition, and great income from sales of hard to find African goods, grocery, cosmetics, clothes, shoes and more. Accepts EBT/food stamps. The business has been established 7-years with a solid market position within the Las Vegas African community and beyond. Store is 1,100 sqft, with highly visible signage. All equipment, furniture and fixtures are installed as this is truly a turnkey operation. The monthly rent is below market at $1,244/mo. The business is listed at a deep discount for a quick sale as a result of owner ‘s retirement.
This opportunity will not last long! Call now to make an appointment.
Contact Rasheedah Ladd at Transworld Business Advisors.
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