Asking Price: $600,000 Gross Revenue: $700,000Cash Flow: $150,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $250,000 not included in asking priceFF&E: Not Disclosed 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.
Neighborhood mainstay. Busy street, corner property on the Queens Long Island Border with steady revenue. Family owned for over 30 years and now ready for the next generation. $250,000+ in inventory, fully catalogued and organized. On site parking and low rent add to the value. The store is perfect for someone that loves the nuts and bolts of the hardware biz and wants to walk into a turn key operation...and yes they make keys too. Owner will be retiring and leaving in place a dedicated staff. He will offer training as well to help in the transition. They are fully staffed, yet the payroll expense is under control. A main street business with meticulous books and a stellar reputation. This biz is too good to pass up.
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