Asking Price: $340,000 Gross Revenue: $371,131Cash Flow: $101,081 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $167,000 included in asking priceFF&E: $10,000 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.
Sports memorabilia retailer. Sales channels include retail store, online and through charity auctions.
About the Business
Number of Employees:
7 FT/6 PT
Retail store in a suburban enclosed mall.
The company has the largest collection of Stan Musial autographs in existence so it is in a class by itself with respect to merchandise associated with the most iconic sports figure in the history of St. Louis.
Growth & Expansion:
The growth of the company is dependent on the owner's interest and willingness to add inventory and convert existing inventory into collectible items. The primary sales channel is charity auctions and there are many charity auctions that do not currently work with the company so they represent significant growth potential.
Will train for 4 weeks @ $0 cost. The new owner should be well versed in the value of a variety of sports memorabilia and collectibles. The new owner should also be able to network in the community and reach out to charities to further develop this important sales channel.
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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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