Asking Price: $399,000 Gross Revenue: $457,348Cash Flow: $142,739 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 included in asking priceFF&E: $60,000 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.
Reason for Sale: Retirement- Profitable Distribution business specializing in the educational sector. Seller has been Servicing Broward County schools since the late 90's. This firm has established a strong market niche in uniform sales & educational items through their direct contract with the Broward county school system. $50k worth of Inventory included in the sale. 2017 Owner benefit $140k+. All uniforms are embroidered on premises. Great books & records (Tax Returns on file). Low rent of $2020/month. 2000 sq ft warehouse facility. Great business hours. Loyal repeat clients year after year. Lender pre-qualified.
Profitable Dist. Specializing in the Educational Sector
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