PRINCIPALS ONLY!! This client is being represented by an SEC/FINRA registered broker-dealer.
Prominently located on a high traffic road in a rural community with heavy tourist and commercial visitors. Outstanding reputation in the community. Loyal customer base. Excellent vendor relationships. 35-36% gross margins.
About the Business
Number of Employees:
7,000 square foot store in excellent condition in the heart of town. Separate 6,000 square foot storage facility nearby holds appliance inventory.
Sole hardware store within a 10-15 minute driving radius of town.
Corporate owner focusing on other businesses within portfolio.
Long time member of a Top 3 Buying Group
Ad Detail Views:
Asking Price: $1,200,000 Gross Revenue: $2,600,000Cash Flow: Not DisclosedEBITDA: $257,000Inventory: $770,000 included in asking priceFF&E: $212,000 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.
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.