Asking Price: $599,000 Gross Revenue: $1,150,000Cash Flow: $350,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $200,000 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.
If you could imagine a women’s fashion destination where the customers cannot wait to see and purchase the latest fashions and accessories; and where most of the product is sold before it even arrives, then you can start to understand the power of this business which is available for sale. This extremely profitable business has bucked the trend of typical fashion stores in every way. Mainly, they are profitable, because they carry low inventory (around only $50,000), have low overhead (rent at only 3% of sales). Most importantly they enjoy repeat business from raving fans; and with an incredibly welcoming environment, they continue to attract new customers daily.
The seller is looking to teach the secrets of success to the next owner and will offer a smooth transition to insure the new owner’s success. If you love the fashion space but have been intimidated by the competitive nature of the sector, this is the stand out business to consider. It is very rare to find a business earning $350,000 with this kind of quick ROI. Please ask for listing #14102 when inquiring about this opportunity.
Profitable Niche Clothing & Accessories Boutique - Long Island
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.