Asking Price: $1,850,000 Gross Revenue: $2,012,174Cash Flow: $515,381 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $500,000 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.
Impressively large and well established CSA (contracted service area) being offered for the first time. The exclusive delivery area is overlapped for Home delivery & Business to Business services; as well as being contiguous. Delivery rights include multiple zip codes. Newly negotiated ISP contract takes effect August 2019. Revenue represented is on ISP contract B-4 the addition of Smart Post and B-4 the peak season projection for 2019 (just released). Now is the time to buy.
Large fleet of delivery vehicles- All newly painted and branded- transfers free & clear with the sale. Well established drivers and manager in place. This is an enormous business opportunity that holds exclusive delivery rights to some of the fastest growing geographic areas in all the Carolina's. There is so much more value to this business than what is disclosed here.
In order to protect confidentiality, location will not be disclosed until prospects have signed NDA and provided a verified Financial disclosure. Business name will be redacted from financial information and only disclosed when an offer of purchase has been accepted. We are currently getting pre-approval for SBA financing to a well qualified buyer that has 30% liquid assets for down payment and additional funds for operating capital.
About the Business
Mecklenburg County, North Carolina
Number of Employees:
All delivery vehicles are domiciled over night at the secured FedEx terminal.
*Under Contract* FedEx ISP Contract First Time Offering
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.