Asking Price: $450,000 Gross Revenue: $420,000Cash Flow: $200,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
The company has a reputation for producing some of the best outdoor cinema events in the Pacific Northwest. The business has created its strong reputation through years of hard work and a commitment to customer service and quality. The business also has revenue streams from outdoor movie screen rentals, outdoor movie events, and rentals of projectors and equipment. The business has more than 200 potential customers in the screen rental database and has 30 current customers that book over 80 events annually on a regular basis. The business currently does little to no marketing and relies on reputation and word of mouth advertising. The business is easy to relocate as it can be run from a home office and a local storage facility. Large trucks are rented in summer and equipment is easy to deploy.
The current owner works full time in the business 8 to 10 months a year and has been able to take as much as 2 to 3 months off at a time in the winter when business activity is light. Seasonal staff are paid in the $18 - $25 an hour range attracting quality employees wishing to work in a fun work environment.
The lead business broker at IBA for this company is Stephen Cohen. Mr. Cohen can be contacted directly at (425) 443-2322 or firstname.lastname@example.org.
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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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