Profitable Restaurant Supply/Dinnerware Wholesale/Retail Business for Sale!
About this business for saleProfitable Restaurant Supply/Dinnerware Wholesale/Retail Business for Sale!
Profitable dinnerware / kitchenware wholesale/retail business in San Bernadino is for sale due to owner considering to retire. The business was started in 1990, with suppliers direct from China and local, and has been serving restaurants and walk in customers. The store had a great year in 2016 and sales is going strong for 2017. The following is its historical financials:
9 months ended March 31st 2017, Gross: $685,793, SDE: $102,880
Gross $909,573 for 2016
Gross $1,781,403 for 2015
Gross $2,011,867 for 2014
The business is asking for $150K including FF&E worth of $10,000. Inventory of $425,000 at cost is extra and negotiable.
For interested buyers please contact listing agent at firstname.lastname@example.org.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.