Asking Price: $495,000 Gross Revenue: $743,357Cash Flow: $199,926 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 included in asking priceFF&E: $35,000 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.
Sales and distribution of car care products. This specialized line of industrial strength products for cleaning, protecting and maintenance for automotive use. The product line provides solutions from odor control to cleaners to surface protectors and conditioners. 4 Salespeople generate business from a database of repeat auto dealers, cold calls and through the online website. Twenty Seven year old company that is very scalable by expanding the marketing to household, commercial and other consumer uses. SBA Financing is available.
About the Business
Number of Employees:
The business uses a call center on premises for marketing. Been in the same location since 1991. 3,060 square ft of warehouse with an office space. NNN lease.
Marketing is focused on a database of repeat clientele of car dealerships and online orders from the website.
Growth & Expansion:
Very scalable by expanding the marketing to other types of product users: household, commercial, industrial, etc.
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