Asking Price: $395,000 Gross Revenue: $470,000Cash Flow: $150,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Currently, the business is absentee operated and the owner is looking to retire. A new buyer as an owner-operator has a huge potential for higher revenues and profitability.
This is a rare opportunity to buy a profitable recession-proof business that’s been established almost 20 years with practically no competition. The school is licensed by the State of New York to provide career training to become licensed pet groomers. The business revenues are from a combination of private and payments directly from New York State for qualified students as well as pet grooming services provided to retail clients. Approximately 30% of the business revenues are derived from tuition payments directly from the State of New York where the students don’t pay anything out of pocket. The school has great relationship with governmental agencies who send students for career development on a regularly basis.
The business has revenues of approximately $470,000 with a cash flow of $150,000.
This is truly a unique opportunity to buy long established business with a huge potential in the fast growing pet industry. Call now for more information:
Licensed Career Pet Groomer Training School for Sale in NYC
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