Asking Price: $95,000 Gross Revenue: $125,000Cash Flow: $10,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,000 included in asking priceFF&E: $25,000 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.
Skinny Wimp Moving Company is a respected nationwide franchise dedicated to providing the ultimate moving experience. The Skinny Wimp name has built a great reputation in the area because of our focus on customer satisfaction and efficiency. With the ever growing Seattle market there is a need for a name with established quality. From our website to online client testimonials to word of mouth there are many ways the Skinny Wimp name is being advertised.
Being part of an established franchise system not only increases market visibility but provides a sense of security not offered by independent companies. With an experienced team of office employees booking moves and handling customer questions, you will have more time to focus on expanding the business. With the groundwork laid in one of the hottest markets, an increasing population, and a name like Skinny Wimp, there is no better time to get into the moving industry.
The moving business is remarkably lucrative with many paths for success. In such a vast industry with many names, the ones that stand out are backed by quality practices which result in happy customers proven by repeat business.
Growth & Expansion:
King County and the surrounding areas offer a wealth of opportunity in the current moving industry. With local house hold goods moving being the main source of business, other avenues for revenue include junk removal, interstate moves, and storage.
The information on this listing has been provided by either
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
full Terms & Conditions.