Asking Price: $325,000 Gross Revenue: $375,362Cash Flow: $203,890 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 not included in asking priceFF&E: $200,000 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.
Owner has franchise developed the brand, and is seeking a buyer for the entire franchise operation, however, will also sell the flagship location with very solid, profitable results. Avoid the sophistication and additional hassle of running an entire franchise operation, and instead operate this beautiful location from which all other franchisees seek to mimic. Excellent location, proven results, proprietary products and no other major franchise in the market. Avoid the initial franchise fee as you take over the first existing location from which the franchise was built! ongoing franchise terms are negotiable with the seller. Includes $80k leasehold improvements.
About the Business
Harris County, Texas
Number of Employees:
Building Sq. Ft.:
$2,988.00 Per Month
High end retail
Business started in June, 2012, and opened to the public January, 2014. In addition to being a flagship location, franchisor license also available for sale for an additional cost.
There are no major franchisor players in this sector. This business has scalability, brand appeal and image to be a major franchisor in the industry.
Growth & Expansion:
Substantial expansion potential across the nation.
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.