Asking Price: $1,595,000 Gross Revenue: $2,400,000Cash Flow: $499,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $300,000 included in asking priceFF&E: $200,000 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.
This Retail Service Business sells building improvement products to both residential (20%) and commercial (80%) clients. The company has been in operation for over 50 years with a solid repeat customer base, long term employees and excellent reputation. The owners are ready to retire and will train/transition the Buyer into the business.
The ideal buyer will have customer service experience and some construction background. The company is poised for growth with the addition of new product lines and services. The business has been pre-qualified for an SBA Loan for a Buyer meeting Lender requirements. Financials are very clean tying directly to company tax returns.
For more information, contact Debbie at Apex / 913-433-2304.
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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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