Asking Price: $350,000 Gross Revenue: $1,500,000Cash Flow: $75,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $100,000 not included in asking priceFF&E: $20,000 included in asking priceReal Estate: $150,000 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.
Light & Raphael is pleased to offer for sale partial ownership in a successful marine sales and rental business in Southern Virginia. Partial ownership in the real estate is included in the purchase. The entire real estate is assessed at $444,000.
The company sells and repairs a vast array of boats. They also offer storage as well as pick-up and delivery of boats as needed. Rentals include boats, kayaks and paddleboards.
Financing possible for a qualified buyer.
Seller will provide support and training following the sale.
About the Business
Number of Employees:
Location is owned
Growth & Expansion:
Economic indicators are working in the industry’s favor—a continuously improving housing market, strong consumer confidence, growing disposable income and consumer spending, and low interest rates all contribute to a healthy recreational boating market.
Partial Ownership in Marine Sales & Rental Business with Real Estate
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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