Asking Price: $275,000 Gross Revenue: $1,162,540Cash Flow: $70,353 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $20,000 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.
Well known and successful Real Estate firm with a great reputation in the community. This company specializes almost entirely in residential real estate and prides itself on excellent and ethical treatment of all customers and companies when participating in real estate transactions. The company started small but has quickly expanded to be one of the top real estate firms in its area of operation. The company has grown during each year of its existence and shows no signs of stopping that trend.
About the Business
Number of Employees:
This company is located in an easy to find, upper end building that is very near several major attractions in the community. The company currently rents its space but does have the option to buy the property as well. The offices are nicely appointed and include work space for those agents that are not in the office full time.
Competition in the Real Estate business is plentiful. This company has been able to separate itself from competitors by bringing on the best agents and by adhering to the highest standards of professionalism and service within the industry.
Growth & Expansion:
As the housing market in the area continues to improve so does the opportunity for growth in the Real Estate industry. 2017 results through the first part of the year have been up over 2016 and as new building begins to occur in the area that will help to increase the number of homes that will be going on the market to sell. The current owner has ideas that can be shared with a buyer on how to continue the top line revenue growth of the company.
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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
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