Asking Price: $180,000 Gross Revenue: $345,616Cash Flow: $113,806 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $6,000 not included in asking priceFF&E: Not Disclosed 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.
You know when you are a kid and some of the things you do or the places you go seem like the biggest deals and you remember those small things forever? Well, I have to say, I got this call and was more than thrilled to help this seller! You can imagine how excited I was when the seller called and asked me to sell the business that I visited so often in High School. First of all, we loved the ice cream and second, our girlfriend worked there so we got deeply discounted ice cream (Note I did profess this to the seller upon introduction).
Opened in 1981 (in case anyone is counting that is 38 years ago) this place has been an icon as you can imagine and still to this day numbers are strong and competition is weak at best. Let’s be honest when you are “the big dog” in town and have gone through up and down economies, changing environments, you are a survivor and this store has stood the test of time and has not flinched an inch. It is still terrific!
The numbers are consistent and solid with an average cash flow of about a bit over $100K annually this is a solid store. The owner works about 20 hours a week but someone could easily maintain as a semi independent store or jump in with both feet and be the new face of the neighborhood. Please lets talk, sign an NDA, go in and lets see if we can put something together.
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