Asking Price: $2,000,000 Gross Revenue: $1,700,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $300,000 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.
Premier Grand Rapids liquor store offering that includes a strip mall that is 100% occupied. Not only will you own a liquor store with annual sales in excess of $1.6 million dollars, but you will also receive a passive income from your tenants. Hard to find opportunity anywhere.
Seller will provide complete training. Store inventory is approximately $300,000. It is possible that the owner would sell the business only, and lease the property with option to purchase and/or provide a right of first refusal on the property. Opportunity abounds for the highly motivated and qualified buyer.
This is a highly confidential posting and will require a fully completed NDA and documentation of funds available for purchase. Could qualify for SBA financing also. Priced to sell at $2.2 million plus inventory, this won't last long. So don't hesitate.
Premier Grand Rapids Liquor Store! With Strip Mall!
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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