Asking Price: $500,000 Gross Revenue: $1,100,000Cash Flow: $250,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $420,000 not included in asking priceFF&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.
Specialty Wines and Liquors.Beautiful spacious store with temp/humidity controlled wine room (120 sq. ft.) with 1690 bottles. 75% high margin wines sales. Large kosher wine sales to upper/middle class clientele. Well-known throughout Brooklyn. Unique high end and hi margin inventory for affluent clientele. Hi margin wines and spirits.Opportunity to add web site, Internet sales, email marketing etc. Product knowledge is important. Proof of funds is required for more a meeting with the owner. Contact broker Joseph Stansky for more information..
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Specialty Wines and Liquors in Kings County, NY - 26239
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