Asking Price: $125,000 Gross Revenue: $490,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $125,000 not included in asking priceFF&E: $25,000 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.
Prime location high-end urban men and women's clothing store with up-to-date clothing trends is available for acquisition. This business was originally established recently by the current owner of the business 2017. Most of the customers are middle-class African American individuals that live in the surrounding densely populated residential neighborhoods and individuals that travel to the local area by the major highway that is one street away from this business. Net sales average was $485,000/year that has been growing since the inception of the business through social media and word of mouth. Although some marketing is in place online and by word of mouth, other proactive marketing tactics can be fully utilized to maximize income potential and accumulate more customers that have yet to know of this business. Competition can be expected for any business within the clothing industry, but this business has separated itself from the general competition by having a better price point that is more affordable for the general population within the area. There are many ways to proactively market this business such as direct mailing, promotional clearance, flyers, online website, seasonal sales and expanding the clothing line brands. Having seasonal sales in place will allow this business to recoup some sales after each season with certain styles going out-of-season and will attract customers from all income levels. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
Listing ID #000754
For more info, please call Stephen Lee at 1-866-519-2421.
About the Business
Fort Worth, Texas
Number of Employees:
This business is located in a 2,345 SF retail strip center that is placed next to a major highway that brings consistent traffic and densely populated neighborhoods that house many residents.
Few competitors is within the immediate market area, but this business has an affordable price point that is much more eye catching than the competition.
Growth & Expansion:
Some marketing is in place through social media outlets, but other proactive marketing methods must be used to generate more cash flow.
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