Asking Price: $215,000 Gross Revenue: $500,000Cash Flow: $60,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $85,000 not included in asking priceFF&E: $65,000 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 wine and liquor store is located in a high-traffic shopping center, which offers a lot of foot traffic. The prices are very reasonable, and they hold varieties of wines from all over the world. The store has a huge variety high quality and well-researched wine & liquors available, each hand picked by their extremely knowledgeable staff. The business has over 20 years of experience in the industry, and they hold over 700 types of liquor and 10,000+ different kinds of wines. In addition to their physical flagship location, there is also has a well-established online internet business as well. The store also holds various in-store wine tasting events regularly with winemakers and distributor representatives in which they are able to teach customers about winemaking and introduce them to new varieties of wines.
About the Business
Lease Security: 36000 Monthly Rent: $ 4,800 Square Footage: 1515 Facilities: Has an online business website available.
Liquor Store - Westchester County, NY- High Traffic Shopping Center
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