Asking Price: $525,000 Gross Revenue: $2,067,306Cash Flow: $232,139 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 included in asking priceFF&E: $42,035 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.
Leading supplier of shelving, counters, walk-in coolers, refrigeration, ice maker and cooking equipment. Specialized in Convenience Stores and catering to three counties in South Florida: Palm Beach, Broward and Miami-Dade. The company has been in business for 23 years with a very successful operation on sales and profit. Great scalability potential.
About the Business
Number of Employees:
2,500 sq ft facility located in South Florida.
2017 is showing a better projection in sales and profit than previous years. Convenience store sales grew in 2016, Retailers optimistic for 2017.
Growth & Expansion:
Low gas prices helped drive sales upward at convenience stores in 2016 — and retailers expect those strong sales to carry over into 2017, according to a survey of retailers released by the National Association of Convenience Stores (NACS).
Supplier of Equipment & Fixtures for Stores in S. Florida
The information on this listing has been provided by either
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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.