Asking Price: $260,000 Gross Revenue: $253,000Cash Flow: $138,264 (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.
One of the top sales training programs in the world and established business here in the greater Knoxville area for over two decades, this is a profitable and well run business. The Training program is built on the concept of incremental growth and change over time - supported by repetition, reinforcement, coaching and accountability. There is a need in the marketplace for business sales and management training as evidenced by secured contracts (through the next 1-3 years) with business executives and superlative companies in the Knoxville area with total monthly guarantees of up to $10K.
About the Business
Knox County, Tennessee
Number of Employees:
The business is housed in a 1,500 sq ft office condo that is in an ideal location in Knoxville. Condo is not included in the asking price but available for sale at $275,000 or may be rented on a long-term lease at $2,250 per month. Owner has earned the ‘Diamond Award’ status as one of the Top 25 Franchises Worldwide. Seller will cover franchise transfer fee and is willing to stay on to help with the transition for up to a year to ensure a smooth changeover for the success of the business. Great opportunity to become a business owner of an established franchise that has a proven formula of success.
Growth & Expansion:
The Training courses have 15 different revenue programs to grow the business. The current owner has focused primarily on sales, management and leadership training. Adding additional staff to focus on the other revenue streams (hiring assistance, negotiations, customer service, coaching/mentoring) would grow this business model quickly.
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
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