Asking Price: $499,000 Gross Revenue: $679,542Cash Flow: $220,697 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $35,000 included in asking priceFF&E: $75,000 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.
SBA PRE-APPROVED FOR OWNER OPERATOR (OD)!! Located in West Houston, well respected franchise eye care center is now available for interested buyers. Although ideally owner operated, and an excellent TURNKEY opportunity for an Optometrist entering the market, the business has been successfully absentee operated for almost two decades. Excellent location, strong community presence and loyal patron following for providing complete eye care. Subtract $136k from income number for absentee owned.
About the Business
Harris County, Texas
Number of Employees:
Building Sq. Ft.:
$7,013.75 Per Month
Shopping plaza location. In addition to monthly rent, CAM and NNN is approximately an additional $3,000 IDEAL FOR PRACTICING OD LOOKING TO ENTER MARKET!
Growth & Expansion:
Buyer may opt to not renew the franchise agreement, which would result in an additional SDE of approx. $100k. Would require replacement of signage and rebranding.
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.