Asking Price: $100,000 Gross Revenue: $95,000Cash Flow: $57,000 (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.
Tax Preparation located in the Southwest Metro. Great location, on a very busy street. Established in 2002 by the present owner. In 2018 tax season they completed approximately 500 tax returns, including 14 corporate and nonprofit returns. Year to date 2019, as of April, sales were $82,750
The owner works this business five (5) days per week during the tax season and three (3) days per week during the non-tax season. The owner indicates that the business is growing because of the community and quality of the work performed.
About the Business
Number of Employees:
The business operates in 350 square feet of leased space. The gross monthly rent is $550.00. The lease is month to month.
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
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