Asking Price: $195,000 Gross Revenue: $528,643Cash Flow: $8,540 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $328,000 included in asking priceFF&E: $70,000 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.
Seller financing to a qualified buyer of $75,000 for 48 months at 6% with a down payment required of $120,000. This is a well-respected retail and wholesale framing business servicing major artists and galleries in the Washington D.C. metropolitan areas. The president and vice-president began in 1979 with the unique purpose of operating a customer-friendly wholesale framing business with a "hands-on" manner. Since then, they have set a course for the company's success with purchases of highly sophisticated, computerized framing equipment. As new technology came into play, their experienced staff have kept pace with the new skills required to operate these advanced machines. The desired result is a small retail framing store that provides quality and consistency to all its customers at competitive prices.
About the Business
Number of Employees:
Building Sq. Ft.:
$9,300.00 Per Month
The retail front is located in a commercial area of Fairfax, VA. 7,870 square feet, 2 levels.
Preeminent in their industry, top in their field in the DC area, been in business since 1974.
Growth & Expansion:
Outstanding potential for growth with new ownership/management.
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.