Asking Price: $130,000 Gross Revenue: $155,310Cash Flow: $77,852 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $500 included in asking priceFF&E: Not Disclosed 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.
Seasonal service business known for outstanding and knowledgeable staff and exceptional customer service. Business has been at the same location for over 15 years, with a strong customer base that comes back year after year. The staff is well trained and the owner would be willing to stay on to help transition the business. The Seller states that marketing was limited last year, so there is upside with new owner who came up with a strong marketing plan. The Seller will help train, as well as the Franchisor who has a very well established training program for the new owner and staff. The new owner could be hands on or focus on just managing the operation.
About the Business
Number of Employees:
Building Sq. Ft.:
$1.00 Per Month
This is a leased location of 2,000 square feet with a Total Rent of $24,000 (annually). Lease ends 10/2018 with options that can be discussed with the landlord. Seller is active in the business with 5 Independent Contractors. Hours of operation are 70 hours a week Jan - Mid April, 9 hours a week Mid-Apr - Dec. $500+ in Inventory included in Asking Price. Assets include franchise territory.
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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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