Asking Price: $295,000 Gross Revenue: $531,865Cash Flow: $48,362 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $328,000 included in asking priceFF&E: $70,000 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.
This business has been lender pre-qualified for financing with 25% down. Since the seller is offering financing to a qualified buyer the total down payment required would be $48,750. This is a well-respected wholesale framing supply distributor and retailer in the picture framing industry, servicing major artists and galleries in the Washington D.C. Metropolitan areas. President and Vice-President began in 1979 with the unique purpose of operating a customer-friendly wholesale framing business with a real "hands-on" manner. Since then, they have set a course for the company's success with purchases of highly sophisticated, computerized framing equipment, and as new technology came into play, their staff of skilled employees have kept pace with the new skills required to operate these advanced machines. The desired result was a small retail framing store that can provide the quality and consistency to all its customers at competitive prices.
About the Business
Number of Employees:
The retail front is located in a commercial area of Fairfax, VA. 7,870 square feet, 2 levels.
Preeminent in their industry, top in their field in the DC area, been in business since 1974.
Growth & Expansion:
Outstanding potential for growth with new ownership/management.
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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