Asking Price: $220,000 Gross Revenue: $263,612Cash Flow: $65,621 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 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.
Prime location boutique store in the epicenter of a bustling area of numerous retail businesses is available for acquisition. This business was originally established over three decades ago in 1987 and was acquired later by the current owner of the business recently in 2017. Most of the customers are middle to upper-class individuals and tourists that are mainly foot traffic in this jam packed area of retail businesses as well as residents from the densely populated neighborhoods. Net sales average was $220,000/year that has been consistent over the last decade as the area brings a constant stream of customers and tourists with minimal marketing needed to sustain the business. Although some marketing is done on social media and by word of mouth, other proactive marketing can be utilized to bring more customers and attract the eyes of tourists to maximize income potential. Competition is expected due to the area being jam packed with businesses, but this business has the best prices for their products while having their own unique style that is very attractive to the general crowd. There are many ways to proactively market this business such as direct mailing, bright signage, local events, rebrand website, social media outlets and using more local artists for unique products. Bringing in local artists will expand the current inventory that is unique to this business that other competitors won't carry within their business. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
Listing ID #000755
For more info, please call Stephen Lee at 1-866-519-2421.
About the Business
Fort Worth, Texas
Number of Employees:
This business is located in a 300 SF space of a retail strip center of a popular area full of retail businesses and foot traffic throughout all operation hours.
Few competitors are within the immediate market area of this business, but this business has the best pricing within the local area while maintaining their own style of vintage accessories.
Growth & Expansion:
There is some marketing in place through social media outlets and word of mouth. No other proactive marketing is currently done.
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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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