Asking Price: $156,500 Gross Revenue: $109,592Cash Flow: $81,038 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $2,000 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.
The Company provides a full range of accounting services which include basic bookkeeping, payroll, invoicing and payable as well as sales tax preparation along with reviews and consultations. Tax services include preparation of tax returns for individuals, corporations, partnerships and trusts.
About the Business
Number of Employees:
The Company occupies leased facilities in a busy part of town on a well traveled street.
Many competitors exist in this industry including local, regional and national firms such as H&R Block, Liberty Tax, etc., however the Company is well entrenched with its client base and enjoys a much better than industry average retention rate.
Growth & Expansion:
The Company is solidly entrenched with its client base and has turned new business away.
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.