Asking Price: $149,000 Gross Revenue: $650,000Cash Flow: $75,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $100,000 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.
Great opportunity to buy a small mini-mart in busy Flushing Queens. They are located in a busy vibrant residential area near Flushing Hospital. The business operates 100% Absentee and has incredible room for improvement. If a small kitchen is added this would have a big impact on the sales by offering breakfast and coffee. They offer C-Store items including various sundries, groceries, beer, cigarettes, and Lotto. This business is a sleeping giant and has incredible potential. Low Overhead expenses with a Long Term Lease and reasonable rent especially for a busy Queens area makes this completely run absentee business a great opportunity for the right buyer. The business is priced to sell. Please call about listing 13094.
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