Asking Price: $350,000 Gross Revenue: $720,000Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $40,000 not included in asking priceFF&E: $19,000 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.
*** at the corner of busy cross street
*** Current owner run this store from 2006
*** New lease 5 years + 10 years option
*** Current Rent : $4,205/month in gross( including NNN)
*** Extra Income
( 1 ) Lotto commission $3,615/month.. Lotto sales not included in Gross revenue
( 2 ) ATM commission $150/month
* Business Hour ; 7 days a week....9 am-10 pm weekdays 9 am-11 pm weekend
* 1 full time employee
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
* approximately 3,000 Square foot......* 18 Door Walk-in Cooler
**** Best location in this area
**** Lucky Store for 5 year in a row
**** Attracting a lot of traffic
Growth & Expansion:
*** Upsale chance about $9,000/ month gross sale, if you accept E.B.T Card...... *** Extra $2,000/ month income expected in Check Cashing Business........ *** Extend the 2-3 more business Hours
Well Established and High profit Liquor Store in South Bay
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.