Asking Price: $399,000 Gross Revenue: $800,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $150,000 not included in asking priceFF&E: $25,000 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.
REDUCED: One of the oldest liquor stores in Washinghon DC with a great tradition of both friendly personalized service and well selected craft beers, fine wines and spirits.
Wide frontage on main street of this eclectic and vibrant commercial district within a dense and close-in residential neighborhood with mix of high affluence and middle-to-lower income households within the broader Columbia Heights / Mount Pleasant / Adams Morgan area of Northwest DC. Excellent vehicular and foot traffic.
Lottery and tobacco sales.
Best suited for a full time owner-operator with part-time assistant(s).
Approximately two more years left on lease with opportunity to negotiate longer-term lease with landlord.
Current owner has been at this store for over 15 years and is ready to retire. He may offer some seller financing subject to credit review and at his sole discretion - all reasonable offers considered.
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.