Asking Price: $99,000 Gross Revenue: $233,000Cash Flow: $93,948 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,500 included in asking priceFF&E: $13,000 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.
REVENUE UP - PRICE REDUCED to $99,000
This is a great business for any entrepreneur looking for a simple business model in a destination city that provides a great income and lifestyle. The price is great and the deal is flexible. Inquire and find out why this is a great pick.
There are a lot of things going for this business. Year over year growth is consistent and significant. More opportunities are available to scale the business and decrease owner involvement further if desired.
The owner advertises, builds relationships, and manages the staff of 3 instructors. The staff is skilled and tenured. Owner does not often instruct.
The business consists of a small office and classroom and two vehicles. It sits on the busiest street in the city (60k cars/day) and is tied into all of the transportation regulation authorities. Interstate access is close by. The lease is very inexpensive at $800/ month. All inventory, vehicles, and FF&E are included in the sale.
Seller Financing shows owners confidence of continued success
Co-brokering encouraged and seller financing is available to well qualified buyers.
Semi-absentee run Driving School for sale in Virginia Beach, VA
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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