Asking Price: $1,750,000 Gross Revenue: $450,000Cash Flow: $300,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $100,000 included in asking priceReal Estate: $1,700,000 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.
Family owned and operated 31 room interior corridor hotel on approx. 2 Acres. Bult in 2003. Sales average $450,00/ year with 80 -90% occupancy. Included is a 3 bedroom, 2 bath owner’s suite. One of the bedrooms can be converted back into a rental room. Has a new roof. All rooms have been recently renovated. In house laundry. Breakfast room with complimentary continental breakfast. Included is the adjacent 1 acre lot that can be used for expansion or putting in a pool. Excellent records showing a $300K cash flow before taxes and debt service. Present owner does no on line booking. The only advertising are a couple of billboards. Perfect for a hands on owner operator in a growing area close to Myrtle Beach.
Newly Remodeled Interior Corridor Hotel with Exra Lot
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.