Asking Price: $790,000 Gross Revenue: $1,821,058Cash Flow: $256,604 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $300,000 included in asking priceFF&E: $25,500 included in asking priceReal Estate: Not Disclosed Share 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 is a rare opportunity to own a successful established business, loved by all, in a fast growing area! The owner enjoys a part time schedule and relies on experienced staff to provide excellent customer service and day to day operations. This is a very unique store, with an outstanding reputation, catering to a wide array of merchandise and brands recognizable all over the world.
While other’s are affected by online shopping, this business is still going strong and believes in the value of the brick and mortar shopping experience. They have also adjusted to this trend by maintaining a heavy online presence and website and ship all over the country. This company has earned the trust and respect of their customers over the years. Owner is willing to negotiate transition to ensure success of new owner.
About the Business
Number of Employees:
4 FT/8 PT
The store is located in New Market/Leesburg & Winchester areas. The business is known for it's ease of access for customers with plenty of parking available.
There is competition, however none of the competing stores have the history. Competitors seem to come and go however the businesses and customer base has a great loyalty to the store. The store has also adjusted to the market's online trends. It is hard to match the employees, experience, culture and location that this business has achieved.
Growth & Expansion:
The retail clothing industry is one that does evolve and change. Keeping up with those trends always offers new ways to create income streams and get creative on growth opportunities.
Leesburg, New Market & Winchester Retail/Online Business
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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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