Asking Price: $170,000 Gross Revenue: $320,154Cash Flow: $79,535 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $20,000 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.
Exciting and fun opportunity to own a premier and profitable paint and sip biz located on the Treasure Coast. Conveniently located in a busy shopping plaza with plenty of parking. This established business is a favorite for anyone who is looking for a fulfilling experience and financial independence. It combines art and a social fun environment and DOES NOT require artistic talent to own. Fun to run with artists already in place. The business offers a wide range of painting parties, providing a fun and entertaining experience in a studio where your customers can bring their own beer and or wine or buy yours. Fun for women, children, men, corporations, and fundraising organizations. If you ever really wanted to enjoy the work you do, this is the business for you. Numbers reflect owner operator with no manager. There is a $7500 franchise transfer fee and a $1000 landlord transfer fee. Financing based on 24 month balloon payment amortized over 60 months. Tax Return available. May qualify for visa.
About the Business
Martin County, Florida
Number of Employees:
Lease/Month: $5,050. Square Footage: 3,090. Building Type: Strip Plaza. Terms & Options: One 5 year option. Expiration Date: 4/30/2020. Leasehold: $150,000
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
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