Asking Price: $225,000 Gross Revenue: $415,720Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
These two stores are located in the far northwest suburbs and have been a valued part of the local communities for years. The locations are in prime strip mall locations on major thoroughfares with incredible traffic and visiblity. The adjoining businesses are non-competing food establishments making this a perfect stop for dessert afterwards. The business has relationships with other businesses in the area and discount cards provide a steady stream of new and eventually repeat customers.
The business is easy to learn and manage. The customer base is younger but the location is popular with all age groups including families and seniors. The gross margin is around 23% and labor costs are 21% even with the current owners as absentee. Labor is not a problem as the local high schools provide for a steady source of reliable part time help (despite the current labor shortage) plus create name recognition among peers. Each location has 5 Taylor yogurt machines which cost $15,000 each when new.
The owners are selling due to career demands. The business is cash flow positive. All inquiries must include the non-disclosure and identify sources of financial capability. Detailed financial information will be available after first meeting with owner.
About the Business
Number of Employees:
Building Sq. Ft.:
Two stores located in strip malls on major thoroughfares. The locations are turn key.
There are no similar businesses within the vicinity. The business is an impulse purchase for people in the vicinity but also a destination for the local community. They have developed realationship with other businesses in the area.
Growth & Expansion:
Future plans could include working further with schools, churches and other non-profits for fundraising, which also generates repeat customers. Also there is potential for product placement of prepacked items esp in schools since the product is considered healthy.
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