Asking Price: $130,000 Gross Revenue: $214,793Cash Flow: $56,851 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $15,000 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.
Established in 2005, this business provides local Clear Lake residents with high-quality tutoring services for all ages between 4 and 25+ years of age. Year-round cash flow with diverse services including summer camps, specialty classes (SAT Prep, etc) and tutoring offered by appointment, convenient for students and parents. Center is located near two major high-traffic roads and caters to children who reside in the neighboring communities. Turn-key operation with flexible business hours and fully staffed with 20 employees including one office manager. Excellent growth opportunities in expanding services into schools which are already underway. Current seller wishes to retire. A new owner will not need any special license to run the business. Price reduced by $20,000 to $130,000!
REDUCED: Tutoring Center for All Ages in Clear Lake
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or stake in the sale of this business and has not verified any of the information
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