Asking Price: $795,000 Gross Revenue: $707,955Cash Flow: $268,038 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $100,000 included in asking priceFF&E: $35,000 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.
Tastefully decorated, well presented smoke shop for sale. Revenues excellent, and growing every month. Very high profit margins. Great reviews - customers love the shop because it is unlike the typical presentation for this industry. Wide variety of merchandise. Seller maintains excellent, detailed records with revenues and costs very detail by product type and item. Tobacco, Vape, BCD, & More. Excellent landlord. Family owned.
About the Business
Building Sq. Ft.:
Seller opened doors in July, 2016 and have generated a loyal customer following the past two+ years. Four brothers own the shop and run it on a day to day basis, and take pride in their management of the store. At the beginning of 2018 the shop was further expanded and carry an even larger selection of product. Word of mouth has generated customers coming from Louetta, Tomball, Magnolia and Conroe for the selection, variety and quality of products.
Excellent location; recently renovated; new property owners investing in common areas
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