Asking Price: $329,000 Gross Revenue: $500,000Cash Flow: $80,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $200,000 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 is an opportunity to acquire a state-of-the-art Franchise Optical store in one of the best neighborhoods in Brooklyn. The Franchise is highly respected and sought after and there is plenty of upside potential for a new owner. The neighborhood is booming with businesses and foot traffic and this Optical store has a very loyal clientele with plenty of repeat business. The Owner unfortunately has health issues and cannot operate as before. A new owner who is sales oriented or an Optician or Optometrist can increase the earnings dramatically. The store is beautifully built out and comes complete with all the necessary equipment to operate a full service Optical Store; it would cost approximately $400,000 to open a brand-new store like this one. You can purchase this fully turn-key, profitable business for LESS than the cost of opening a new one. Priced for a quick sale at only $329,000. Please refer to listing number 13867 when inquiring about this opportunity.
Top-Brand Franchise Optical Store in AAA Brooklyn Location
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