Asking Price: $1,200,000 Gross Revenue: $600,000Cash Flow: $400,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $40,000 included in asking priceFF&E: Not Disclosed 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.
Welcome to Old Republic Barrel Company! We are a company that sells high quality mini aging barrels to the public. Our 100% hand crafted barrels allow our customers the opportunity to age or store their spirits. Old Republic Barrel Company has been a part of this industry for a long time and we work hard to make our products as affordable, distinctive and as durable as possible
Our barrels are sold at various state fairs, holiday shows, street festivals and county events. We’re able to select the shows were interested in doing. We create our own hours and pick the states/cities that we sell in. We have several shows already locked in and GENERATE OVER $$$$ IN REVENUE. In addition, we have a strong online presence. Our customers are able to purchase barrels through our website or Esty stores. Aside from mini barrels we also sell beer mugs, bungs, stands and spigots.
Another added bonus is that we offer customization. We can personalize any barrel with almost any image that the customer desires. We feel that we have molded this business perfectly for the next person ready to take the reigns.
We are currently selling Old Republic Barrel Company because our team is retiring from the industry. We love the business we have created and the relationships we have developed throughout the years. We have made a very good living, but we would like to spend more time at home. Which is why we want someone else to take over the business and continue its legacy. With 7 years of experience and thousands of sales, our company is thriving and this is the best time to become a part of the industry. If you are very passionate about entering a powerful, unique industry, please contact us directly!
Thank you for your time and we hope to hear from you soon!
Mini oak aging barrel business - infinite potential!
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