Asking Price: $890,000 Gross Revenue: $1,821,058Cash Flow: $256,604 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $400,000 included in asking priceFF&E: $25,500 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.
This single location store was started 80+ years ago and has become a part of the fabric of the community in which is located. This store carries clothing lines focused on the outdoor, industrial rugged workers who need specialized clothing for any weather they encounter. The company has also adjusted to today's market trends by having a heave online presence and selling through their website while also offering a brick and mortar retail space for customers who still want to see, feel and try on merchandise before purchasing items they need. From commercial/industrial clients to the small business owner to the weekend warrior the company has earned the trust and respect of their customers over the years evidenced by their loyal following, experienced staff and years of service to the community.
About the Business
Number of Employees:
4 FT/8 PT
The store is located in 7,000+ square foot facility within the city limits of a large city located in the heavy Northern Virginia region. The business is known for it's ease of access for customers with plenty of parking available.
There is competition, however none of the competing stores have the history. Competitors seem to come and go however the businesses and customer base has a great loyalty to the store. The store has also adjusted to the market's online trends. It is hard to match the employees, experience, culture and location that this business has achieved.
Growth & Expansion:
The retail clothing industry is one that does evolve and change. Keeping up with those trends always offers new ways to create income streams and get creative on growth opportunities.
Northern Virginia Super-Successful Retail & Online Clothing
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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
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