Asking Price: $250,000 Gross Revenue: $704,768Cash Flow: $119,071 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $130,000 included in asking priceShare 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 design and remodeling operation has been in business in the area for over 10 years and during that time has built a reputation for being one of the best, especially for high end residential homes.
The company works with the owner to learn what they are looking for, then takes that concept and has the ability to do a full computer generated design of whatever area of the home that is being worked on. These designs can be easily changed throughout the process until the customer is satisfied. The business also has relationships with interior designers that can help if necessary with furniture, draperies, etc. Once the design is set the company begins the work and takes the project to completion in as little time as possible.
About the Business
Number of Employees:
The business is located in an industrial strip center that fits its needs well. There is an office/showroom area in the front of the space and a warehouse facility in the back. The office/showroom area is set up to let customers come in and view the designs on a large monitor and see any necessary changes that are made. The warehouse area is a convenient place to store all of the equipment and other assets used on projects.
There are numerous competitors in the area where the business operates, although there are very few that offer the same service and quality. The seller generally sticks to higher end clientele and has been able to separate this business from others based on customer satisfaction and accolades received.
Growth & Expansion:
There is a great deal of growth potential for this business. The current owner wishes to continue on with the business in a sales and design capacity. Once he only has to focus on these two areas and is freed up from the scheduling and management of the projects, it will bring immediate top line growth to the company.
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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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