Asking Price: $350,000 Gross Revenue: $435,178Cash Flow: $122,250 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,500 included in asking priceFF&E: $100 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.
Established rental center with a large customer base, many repeat customers and great margins. Chelmsford Rentals operates out of 5200 sq. ft. of leased warehouse and showroom space with overhead door access. This location enjoys fabulous visibility from both Routes 4 and 3. Equipment alone is worth over $400,000. Tax Return numbers. SBA Bank financing available to qualified buyers.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
Chelmsford Rentals occupies rented space of 5,200 square feet ideally located on a busy road adjacent to Route 3 and Route 4 with visibility from both. The space provides for secure storage, mostly indoor, for all equipment. There is overhead door access for deliveries. Thirty years of success, owner is retiring and wants to leave his customers in good hands.
Growth & Expansion:
Adding and expanding categories will result in increased revenue.
Profitable Rental Store on Busy Road - SELLER FINANCING
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