Asking Price: $275,000 Gross Revenue: $252,000Cash Flow: $143,243 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $8,000 included in asking priceFF&E: $28,981 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.
Established over 20 years ago, this shop has built a reputation for being able to handle the most demanding framing jobs for high-end clientele. They have even received artwork directly from auctions at prestigious national art auction houses.
Sales grew from zero in the beginning to a consistent level of $250,000 or more annually. The store has a well-established customer base who reside in some of the more upscale neighborhoods in the Denver Metro area. Many one-time competitor stores in the area have gone out of business, so this store is reaping the rewards of longevity, not only by maintaining its existing customer base but also by welcoming, on average, one new customer who had been patronizing competitor shops coming into the store each week.
Well-Established Framing Shop with High-End Clients
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or stake in the sale of this business and has not verified any of the information
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