Extra building used for storage...shared driveway and parking
Asking Price: $125,000 Gross Revenue: $150,000Cash Flow: $56,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $75,000 included in asking priceFF&E: $25,000 included in asking priceReal Estate: $54,800 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.
Turn key hardware store business, complete with $75,000 of inventory, plus recently added engine repair shop (most of equipment included). Also included in the sale is a second house, formerly a 1845 sq ft 2 family home now used for storage. Owner has worked diligently to restore this mainstay of Ripley...new rubber and metal roofs, updated electric added inventory, hired a full time mechanic for the newly created "Small Engine Service & Repair Shop", new signage and more. Complete inspection report is available for review
About the Business
Ripley, New York
Number of Employees:
1 FTE, 1 PTE
Main building of 7304 sq ft has two stories and a full basement. Engine repair shop added on the original building. Two story house, formally a two family, not in condition to rent, used for storage.
There is no competition in the area. The nearest hardware stores would be between 8 - 12 miles away. This has been a viable, small town business for over a century that the local communtiy reply on!
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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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