Over 10 years of profitablitity and poised for growth!
| Asking Price: | $560,000 | Inventory: | $36,660 ** |
| Gross Revenue: | $531,570 | Real Estate: | $341,885 ++ |
| Cash Flow: | $108,600 | FF&E: | $46,555 ** |
| ++ included in the asking price ** not included in the asking price | |||
This acquisition offers a unique opportunity for a buyer to purchase a successful small business that is just waiting for the right person to provide the management and marketing skills necessary to enable it to move to the next level of performance. The Company has a great base on which to build and the demand for its products and services is strong. This transaction will be structured as a sale of shares. The goodwill and fixed assets of the Company including real estate are valued at $560,000. A buyer should anticipate an equity investment of approximately $170,000. The final sales price for the shares of the Company will be determined at the time of closing after adjusting for current assets including accounts receivable and inventory, and liabilities and taxes outstanding at that time.
About the Business
Year Established:1996
Employees:3 full time -
Facilities:The business operates from a company-owned building in a highly visible location. The 1,980 square foot wood frame building is 14 years old and was renovated in 2003. The attractive building contains showroom and office space and there is ample parking. The company leases an additional 1,200 square feet of warehouse space nearby.
Market Outlook and Competition:In business for over 10 years, the company has established an enviable reputation for quality products and workmanship as well as for its creative design capabilities. The company generates annual revenues well in excess of $500,000 but present ownership recognizes that improved management and marketing skills are needed to enable the company to increase sales and profitability.
About the Sale
Management Training and Support:The owner is willing to provide some financing if required and the owner will stay for an agreed period to provide an orderly transition. The owner will also consider a long-term employment position as installer/foreman.
Reason For Selling:Seller is excellent installer but lacks managements skills to grow business.
Seller Financing:Seller will consider financing part of the sale price on terms to be determined.
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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. Please review the full Disclaimer here.
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