Asking Price: $700,000 Gross Revenue: $1,200,000Cash Flow: $144,000EBITDA: $180,000Inventory: $350,000 included in asking priceFF&E: $50,000 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.
A rare opportunity to own a highly reviewed gold and diamond business with growing profits located in the prosperous Cedar Park region of the Austin metropolitan area. Doing business in all kinds of jewelry and coins as a family owned business has resulted in increased sales and cash flow year on year. The consistent return of established customers is a solid foundation on which the store's growth is built. Accounts with multiple financing companies geared towards all credit levels included in sale. Four weeks of full time training, as well as continued support for a further four weeks, from present owner is included. Present owner will facilitate introductions to all vendors and assist in the creation of accounts as desired. The fully computerized inventory and POS system with all existing inventory properly accounted for is included.
About the Business
Number of Employees:
Building Sq. Ft.:
$6,500.00 Per Month
Approximate square footage is 540. Ample space for an on site jeweler. POS system, tools.
Cedar Park has a variety of Jewelry stores, ours is a very reputable and well established business which has been meticulously tended to for the past several years and has resulted in a following and repeat clientele like no other in the area. Our annual sales and revenue reports consistently outperform some of the major brand names.
Growth & Expansion:
Unlimited potential for growth both at the store front level and also online. Custom work can be opportunities for further expansion and allow further market capture where competition has usually failed to perform well.
Owner's young family requires more time and possible relocation to Europe.
Four weeks of full time training, as well as continued support for a further four weeks, from present owner is included. Present owner will facilitate introductions to all vendors and assist in the creation of accounts as desired.
Seller Financing Not Available. Qualified buyers must procure funds.
Turnkey, Thriving and Profitable Jewelry Business.
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.