Asking Price: $750,000 Gross Revenue: $618,956Cash Flow: $228,062 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&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.
SBA 7(a) Qualified Business -- This is a rare opportunity to acquire the profitable B2B operations for a well-known wholesale to the trade company along with respected retail entity that is poised for significant growth. The retail operation has a solid local / regional footprint, while the wholesale operation has a national customer base and is a preferred vendor for one of the largest international franchises within their industry. The owner has developed a strong framework with name awareness, a well-trained staff & an FFE package that allows for significant growth. The owner has done an exceptional job of building the business, delivering an SDE / Owner Benefit of $228,062.
The business has been approved and is prequalified for the SBA 7(a) Business Loan program, which has huge significance for any buyer. A buyer can be confident upfront that with this distinction, the company has been historically successful, profitable & is lender qualified with SBA backing. The seller has also agreed to provide additional seller financing to help off-set the SBA down payment requirement which means you as the buyer will have less cash upfront out of your pocket.
About the Business
Number of Employees:
Building Sq. Ft.:
$4,200.00 Per Month
Both divisions, wholesale & retail, operate out of a 10,000 +/- sq.ft. building. The building design and layout provides for exceptional efficiency and allows for a growth. Located minutes from 3 major Interstate systems & the Columbia Metropolitan Airport, the facility is ideally situated for business travel.
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
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