Asking Price: $250,000 Gross Revenue: $440,000Cash Flow: $93,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $160,000 not included in asking priceFF&E: Not Disclosed 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.
This Business has built a 25 year reputation as the leading supplier of fishing tackle and angler supplies in the Midwest.
The outlet offers many exclusive lines in the industry not found tin the mass-market box stores and covers all seasons of the sport.
It is located in a high traffic area and there is an excellent advertising program in place. This turn-key Business boasts a knowledgeable staff that offers detailed advice to assist fisherman in their sport. Dedication to customer service has bee the foundation of success.
Fishing is a rapidly growing sport. First quarter sales in 2018 are 40% higher than in the same period in 2017!
About the Business
Number of Employees:
Building Sq. Ft.:
$2,000.00 Per Month
This Business is located in a leased space in a retail setting with plenty of free parking. The facility is well laid-out and is spotless. It is well organized with all merchandise easily visible and well marked.
There is little to no competition in the region for the quality and level of fishing gear that this business sells. The market continues to grow year after year.
Growth & Expansion:
The business has met and exceeded the owners expectations for many years. The Business can be grown with the addition of additional product lines.
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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