Asking Price: $435,000 Gross Revenue: $943,000Cash Flow: $183,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $135,000 not included in asking priceFF&E: $30,000 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.
Profitable, well-established, and fun to own boutique serving mid and high-end customers. The Company provides unique merchandise and has a very loyal customer base cultivated over its many years of business. This store is the go-to retailer for local shoppers needing specific items to fulfill an important need, a gift for any occasion or looking for a fun personal item.
About the Business
Number of Employees:
3 FT 7 PT
The Company rents retail space in a high traffic area in a growing large upscale Austin community.
The store has limited area competition serving a mid and high-end demographic. Longstanding reputation for providing great customer service with well-trained employees. Loyal customer base. Social media marketing program. Shopping center located in central high traffic area with other major repeat traffic retailers (grocery, drug stores, restaurants). Traffic count in 2016 was 50,000 per day. The business is the exclusive area retailer for multiple product lines.
Growth & Expansion:
This is a highly profitable business opportunity as the Company is positioned in the Austin high-growth market area that is predicted to double in size over the next 30 years. Sales and margins trending up. Trade area is continuing its long-term trend of solid growth.
Profitable Well-Established Retail Boutique in Prime Austin, TX Area
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.