Asking Price: $299,000 Gross Revenue: $298,000Cash Flow: $91,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: $150,000 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.
Location! Location! Location! Right off of I-10. Easy off easy on. Close to energy Corridor. About two year old spa, well equipped with modern facilities. 16 Spa chairs with massage and pedicure all built in. Long Center Table with 8 high back customer chairs for full comfort and ease. 3 individual rooms for facials and waxing.
Convenient business hours. Make an appointment for a quick lunch hour manicure or pedicure. If not, then stop by in the morning before heading to work.
Seller needs to retire for personal reasons and hence selling a lucrative business. Possibilities to change or to grow are endless.
Business has been evaluated on the basis of last two years of revenue, profit and LOCATION.
About the Business
Number of Employees:
Building Sq. Ft.:
Kitchen,Microwave, Laundry room with washer & Dryer. Music system.
Growth & Expansion:
Growth and expansion is endless. All depends on individual innovation.
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.