Asking Price: $400,000 Gross Revenue: $437,176Cash Flow: $142,813 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $350,000 not included in asking priceFF&E: $10,000 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.
Thirty-one year established rental center with many repeat customers great margins and a seller who is eager to retire (MOTIVATED!)
About the Business
Number of Employees:
Building Sq. Ft.:
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 to both. The space provides for secure storage, mostly indoor, for all equipment. There is overhead door access for deliveries and customers alike.
Founded in 1986 and opened in 1987 as a Taylor Rental Center by the current owner, who had experience working in various rental stores in the area. He and partners opened a number of new locations. As the years went by, the current owner bought all the others out and is now the sole owner and has thrived for years!
Growth & Expansion:
Adding and expanding categories will result in increased revenue.
Rental Store in High Traffic Area with SELLER FINANCING
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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
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