Asking Price: $1,785,000 Gross Revenue: $190,657Cash Flow: $39,212 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $800 included in asking priceFF&E: $125,000 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.
Outstanding Location!! Add $50,000 of owner benefit for active owner operator. Premiere office meeting area and virtual offices. Designed to provide an upscale location for meeting clients and business prospects. The location meeting rooms cater to the upper end professionals such as attorneys, financial planners, mediators, therapists and real estate professionals. The interior is professionally decorated and furnished to provide boardroom or conference meetings. The spaces are equipped for video conferences or making the crucial first impression. The location combines quality with value and appeals to businesses looking for the virtual space that creates credibility and easily accessible location. All meeting rooms, doors and location computer controlled with online scheduling. 2019 revenue on pace to increase over 10%. Many recent upgrades including new AC systems. Please refer to listing #3353397780, Agent: Mike Kelly when inquiring about this listing. Thank you!
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