This 8-year-old sneaker and streetwear retailer generates $401K in annual cash flow and is listed at $989K, or 2.5x cash flow.

The numbers: The business reports $1.69M in annual revenue and $401.1K in annual cash flow, equal to a 23.8% cash-flow margin. The asking price works out to approximately 0.6x revenue and 2.5x cash flow.

How it works: The business sells new and pre-owned sneakers, streetwear, luxury apparel, accessories, and collectibles through a leased retail store, e-commerce, social media, and livestream sales. The listing says trained staff, supplier relationships, and operating systems are in place, but does not disclose owner hours, team size, revenue by channel, online traffic, or customer acquisition costs.

The seller situation: The owner is pursuing other business opportunities. Since sourcing, authentication, and supplier relationships can be owner-dependent, a buyer should understand who manages those functions and what support will be provided after closing.

Worth asking: How much inventory is included in the $989K asking price, how is it valued, and how much of the current cash flow comes from each sales channel?