Asking Price: $500,000 Gross Revenue: $1,565,000Cash Flow: $226,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $358,000 included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: $850,000 not 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.
Now is your chance to own a well-established business in a flourishing industry where an average client spends $1,500 per transaction. However, these initial transactions often lead to additional ticket items equaling $3,000-$6,000 total! This company has shown an increase in sales year-over-year, and experienced its most profitable year yet in 2017, with over $1.5M in revenues and $226k in cash flow. The business maintains exclusive relationships with vendors and is geographically positioned to draw in customers. The customer base includes the Kansas City area and surrounding cities such as Lawrence and Topeka. However, it is not uncommon for customers to drive in from surrounding states to utilize the provided services as well. A new owner with fresh enthusiasm and a background in sales and inventory management could take this already thriving business to the next level. There exists ample opportunity to attend additional trade shows and increase marketing efforts to gain more clientele. Additionally, prime real estate is available for purchase with the company. The owner has spent years building the business from scratch and has processes in place to ensure future success. Inquire today to build upon the outstanding business foundation already in place!
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