Asking Price: $375,000 Gross Revenue: $78,963Cash Flow: $40,258 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $25,000 included in asking priceReal Estate: $492,000 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.
REDUCED PRICE!! MOTIVATED SELLER!!
Imagine a place where you can marry under wide open skies and breathe fresh air. Lit with chandeliers, and boasting a kitchen, bar, and bridal area, this beautiful wedding venue provides couples with an opportunity for a fabulous but affordable ceremony and private reception. The venue is strategically located about 25 minutes from Auburn University providing a steady supply of future clients. The business is open year-round for weddings and there is ample potential to increase revenues by adding complimentary services such as floral, planning, catering or photography. There is a huge untapped opportunity as the purchase price includes a 3-bedroom house that could be rented out by the week/weekend for the wedding party and/or their guests. In the broker’s opinion this is an ideal target for someone already involved in the wedding industry who is looking to acquire additional revenue streams.
Unique business in beautiful location. 4400 sq ft Wedding Venue and 3-bedroom house on 6 acres. Growing industry. Stable history of profitability. Alcohol license and Food Certification license.
About the Business
Number of Employees:
4400 sq ft wedding facilities on 6 acres plus separate 3 bedroom, 2 bath house.
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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