Asking Price: $355,000 Gross Revenue: $454,207Cash Flow: $142,653 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $13,000 included in asking priceFF&E: $20,000 included in asking priceReal Estate: Not Disclosed Share 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 well established company (2010) is a product-based sales and marketing business. The products offered are in high demand and need, essential for a healthy home environment. A robust customer list of 10,000 Research Triangle homes/users is included. Past customers are incredibly loyal and are often upgrading their equipment. Recurring revenue is generated through the parts and service department, and new product sales to the customer database.
Currently the business has an office and "demo" space in Raleigh NC. There, customers and prospects can see various models and learn about new products and services. There are two employees in the office, while five others (2FT / 3PT) are in the field, going to customers' and prospects' homes/offices on preset appointments, making presentations and closing sales.
About the Business
Number of Employees:
2 FT/3 PT
Located in Raleigh, NC in an upscale shopping center (although business does not need retail location), this is an ideal perfect location for a small business of this nature. The showroom/shop space is leased and covers 1,452 square feet. ($1,400/month!) The furniture, fixtures and equipment value is around $20,000 and the inventory held in the shop is around $13,000.
Industry is rather competitive. However, this business services a loyal and somewhat captive market segment.
Growth & Expansion:
Great potential for growth. Only limited by the owner's ambition, motivation, and abilities to manage and motivate. - Add more sales people/appointment setter - Increase marketing (Social & traditional) & advertising - Open satellite locations in other parts of Triangle
Will train for 4 weeks @ $0 cost. The business has an exclusive distribution agreement with a manufacturer and distributor of healthy home products. The products are state-of-the-art systems. The Company helps customers create clean, safe, and healthy indoor environments for over 50 million businesses and homes in the U.S. and Canada.
Well Established Product Based Direct Marketing Company
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