Asking Price: $425,000 Gross Revenue: $427,740Cash Flow: $168,539 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,445 included in asking priceFF&E: $168,525 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.
Great opportunity for a hands-on or absentee owner. Established for 20+ years. Sales continue to grow +29% 2015, +49% 2016, +16% 2017. Membership revenue produces a steady and predictable stream of residual income.
About the Business
Number of Employees:
1 FT/5 PT
Great Location! This shopping center has destination anchor tenants creating a steady flow of foot traffic. The facility is spacious, clean, up to date and surrounded by smaller neighboring tenants who drive a common targeted demographic. Highway access brings customers from an extended radius.
This operation separates itself from the competition by offering a wide selection of services and options. A well-trained staff assesses new customer and makes a recommendation. Employees cultivate customer relationships over time and are incentivized to offer upgrades and additional services.
Growth & Expansion:
Prime floor space currently underutilized gives a new owner potential to expand or offer additional services.
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.