Asking Price: $390,000 Gross Revenue: $1,384,006Cash Flow: $167,799 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $180,000 included in asking priceFF&E: $80,000 included in asking priceReal Estate: $1,400,000 not 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.
Family owned and operated Asian Grocery Store that caters to a wide and diverse cross section of the community. The store features a full line of Asian grocery products, fresh produce, housewares, and much more. Lots of parking, storage, and ample space to off load delivery trucks. Seller will negotiate lease with new Buyer, or the real estate is available for an additional $1,400,000.
Don’t miss out on this outstanding opportunity.
Important Notice: This is an operating business being offered for sale confidentially. Interested parties must complete and return a Non-Disclosure Agreement, and a Buyer’s Profile. Once pre-screened with those documents, prospective buyers will be provided more detailed information pertaining to the business.
About the Business
Number of Employees:
Building Sq. Ft.:
The business occupies 1.5+ acres; has two stand alone buildings that are co-located next to each other; 50+ parking spaces.
There are other Asian/Oriental Markets in the area.
Growth & Expansion:
Someone with the energy and resources could take this business to a new level. Some areas for consideration to grow the business include; adding a website, advertising, use the assets currently available to their fullest potential, etc.
The Seller will spend up to 30 days of training and conducting a complete and orderly turnover of the business with the new owner following the close of escrow. The Seller will sign a 5-year non-compete agreement directly with the Buyer within a 10-mile radius of the business location.
Long Established Eastern Asian Grocery Store - Lender Pre-Qual.
The information on this listing has been provided by either
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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.