Asking Price: $500,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $36,000 included in asking priceFF&E: Not Disclosed Real 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.
With annual sales of $1.3 million, the well-loved Brooklyn store specializes in cheeses from around the world, craft breweries from all over the country, an expansive charcuterie selection, gourmet sandwiches and specialty foods most of which are made locally and include pickles, mustards, chocolates and coffees.
A second strore is available in Manhattan, contact broker for details.
About the Business
Number of Employees:
The Big Cheese! Brooklyn’s 1300 square foot store quickly became known as the best cheese shop in Brooklyn. The NY Times says, "to cross the threshold of this cheese shop is to enter a sensory bonanza." It is been on the Food Network multiple times including on the acclaimed Ina Garten show as well as featured on CNN and in multiple national magazines and publications. (Sale price and terms listed here are for the Brooklyn store only)
There are no cheese & specialty food shops within the surrounding neighborhoods of Brooklyn and in Manhattan you have to go a good distance the village to get someone comparable.
Growth & Expansion:
Purchased alone (or together with the Manhattan location) this store is ready for franchising. On line business could be expanded. Wholesale revenue (which at one time was $400,000) could be re-energized.
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.