Asking Price: $90,000 Gross Revenue: $130,000Cash Flow: $90,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $45,000 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.
This Virtual Reality Entertainment business is located in the largest Mall in South Florida. They offer 4 POD virtual reality rides that cost $10 each to operate. Due to the heavy Mall foot traffic this kiosk is busy every day. With very low overhead and over 65 live games available, this business nets over $90k per year. This is a fully automated system and extremely easy to operate. Similar to any PC computer, the customer sits in the POD with a Virtual Realty headset which covers their eyes and gives them a real adventure. Each ride lasts approximately 12 minutes and the kids love it. Don't Miss This very profitable Business Opportunity! Please refer to Listing # 7301152078 Business Broker John Devries when inquiring this listing.
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