Asking Price: $875,000 Gross Revenue: $420,000Cash Flow: $220,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $300,000 not included in asking priceFF&E: $75,000 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.
The economy in this central area of Virginia is booming and the numbers of restaurants, convenience stores and craft breweries are steadily growing. This long established business services these types of businesses by leasing, selling and servicing all types of Ice makers from small undercounter machines to large cubers and dispensers. The company also provides water and air filtration equipment plus all kinds of full line kitchen equipment, furniture and fixtures, both new and used. Over 200 regular accounts are serviced on a regular basis. This type of business is relatively recession proof and there is minimal competition in this area. 5,000 sq. ft. building is leased with very low monthly rent which includes all utilities. Sale includes a 2013 Mercedes Sprinter Van. Owner only selling to pursue other business interest. 30 day training period will be offered to new owner. Please contact the broker for further information at 1-877-35-5224.
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