Asking Price: $2,320,346 Gross Revenue: $5,886,283Cash Flow: $725,108 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000,000 not included in asking priceFF&E: $385,537 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.
A large liquor store selling wine, beer, spirits, mixers and cigars is for sale. This liquor store is known for its excellent customer service and reputation, which has created a large base of loyal customers in the community since 1974. With 8 employees, the owner acts as the general manager, and has three assistant managers running the day-to-day operation. With established systems and employees this business will transition easily to a new owner. Liquor stores are one of the few businesses considered recession resistant and this one comes with strong cash flow and consistent returns.
The business had discretionary earnings of $725,000 in 2018. The owner is ready to enjoy retirement but is willing to stay on for an agreed upon training and transition period. This is a great opportunity to own a turn-key business with strong cash flow and consistent returns!
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or stake in the sale of this business and has not verified any of the information
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