Asking Price: Not Disclosed Gross Revenue: $11,700,000Cash Flow: $3,400,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $10,000,000 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.
This company has all of the characteristics of a great company. Well established track record? This company was founded 35 years ago. Residual income? This company has thousands of machines placed which are cash cows. Ability to grow? In the last decade they have more than doubled the business and there are tremendous internal growth opportunities within the Company. In addition, there are many opportunities for strategic acquisitions. Recession resistant? The company is in a “need” industry with technological changes INCREASING the machines relevance. Barriers to entry? HUGE! History of growth? Sales have been consistently increasing for over a decade WITHOUT a dedicated sales force. Management transition plan? The founder of this company is in his early 60’s, has a lot of gas in the tank and would be willing to stay involved with the company, including an equity position. We are expecting to have Indications of Interest (IOIs) from qualified candidates by June 28th. Candidates only with the ability, expertise, and financial capabilities to purchase, operate and grow a Company like this will be considered. If you are qualified and interested in learning more, please refer to listing number 14190 when inquiring.
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.