Asking Price: $100,000 Gross Revenue: $400,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $80,000 included in asking priceFF&E: $50,000 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.
LOCATION - LOCATION - LOCATION
It is ALL about location at the Virginia Beach Oceanfront!
-Tourism is a $1.37 Billion industry in Virginia Beach as it hosts nearly $6MM overnight visitors each year!
-The three-mile stretch of Atlantic Ave that parallels the boardwalk supports beach goers all year - being EXTREMELY PROFITABLE in the summer time.
-Simple; replicable business model.
-Solid distributor relationships allow this store to achieve above average margins. A new owner is limited only by how much effort they put into growing the sales volume.
-Foot traffic and sales projected to increase dramatically in 2017.
-Owner is looking to downsize and focus on other interests.
-Owner willing to train new owner both in store and at the yearly trade shows coming this winter.
-Owner financing available to well qualified buyer.
-This is a chance to affordably get your foot in the door and hit the ground running in one of the most profitable markets in the area.
-As always, brokers bring your qualified buyers, as we HAPPILY co-broke!
Oceanfront BEACHWEAR Store For Sale! – PRIME LOCATION
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.