Asking Price: $1,395,000 Gross Revenue: $626,367Cash Flow: $152,750 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $1,027,975 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.
Transportation & Tour Company. Operating over 25 years this Transportation Company has been providing rides and offering exciting sightseeing tours since inception. Tours include sought out destinations and have evolved from meeting the needs of travelers vacationing in the area to fulfilling the transportation needs of local residents. The bottom line is the business takes the hassle out of transportation. Destinations and events beyond scheduled tours and activities are as wide spread as one’s imagination. So the business finds itself offering transportation for weddings and church groups and families for a whole host of different reasons. And to accommodate the need the operation has a fleet of luxurious buses to accommodate every need and creature comfort. The fleet of transportation vehicles range in accommodating 10 to 59 passengers. And these vehicles are in great condition and top end in comfort and amenities. The business operates out of a staging and service area, so much of the necessary service work on the vehicles can be done in the comfort of an equipped facility. The business has in place a number of very lucrative contracts, which helps secure it’s position in the transportation space and offers up a well deserved complement to their work and contribution. Perhaps no surprise the business has been awarded the highest complements and credentials from licensing and over site agencies. The owners will offer training and client introductions as well as a smooth transition into the business.
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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
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