Asking Price: $299,000 Gross Revenue: $1,086,037Cash Flow: $110,613 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $150,000 included in asking priceFF&E: Not Disclosed 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.
• High-End Flooring Operation for over 21 years
• Good Books
• Selling Due to Retirement
• Will come with over $100k in Material
• Seller willing to train and help in transition
• Seller willing to sign Non-Compete
• Owner / Operator could clear $140k/$150k without much change in ops
• Plenty of upside in simply increasing outdated presence online
Great flooring sales operation with a large clientele. Over 85% of what they sell is carpeting of which 40% is area rugs. The remaining 15% is mostly vinyl carpet flooring. They operate in a 6,500 sq ft space. Over 85% of customers are recurring. Margins are around 38%. Only 5% of sales come from online. So, there is a huge growth potential right there. Approximately, 10-15% of their sales is to designers, the rest is for contract work.
In addition to the owner (who is now almost absentee due to injury), they have three employees. Two of these employees are full-time. One in in-bound sales, and one as a warehousing manager. They also use an outside contractor who has 15 workers and does over 90% of their contract work.
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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
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