Asking Price: $229,000 Gross Revenue: $425,000Cash Flow: $102,000 (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.
This business is a team sports housing agency that specializes in providing a one-stop service to sports team travel and housing at organized sporting events across North America. By providing a free service to sporting teams and events, the business secures hotel room allocations which become the sole and preferred allocation to the event and its participants.
The business has created and implemented a unique and industry-wide recognized service philosophy that allows clients to travel and focus on the event without the worry of hotel reservations and other affiliated distractions. Founded 20 years ago, the business has maintained original ownership and steady growth in a sports related travel market that accounts for more than 97 million room nights annually.
Type of Sale: Share Sale
Inclusions in Asking Price:
- Operational Balance Sheet Inclusive of Furniture, Fixtures, & Equipment; Goodwill, and Normal Net Working Capital of $34,000
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.