Asking Price: $375,000 Gross Revenue: $765,242Cash Flow: $153,799 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $109,247 included in asking priceFF&E: Not Disclosed 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.
Tremendous opportunity to own a highly profitable, well-established household products sales, service, and repair business. This business has been locally owned and operated and serving Maryland, Pennsylvania, and Virginia for over 40 years and offers high-quality products and services while becoming a leader in their industry. They were the first in the area to offer computerized and cutting edge technology for household products and are Maryland's authority in this area.
With roughly 50% of the company’s revenues coming from product sales and 50% from service, this well-managed business has tremendous profit margins and offers the potential for absentee ownership. This business has an excellent reputation, is well managed, and maintains a very dependable, loyal, repeat customer base making this a must-see.
Contact Tom Flowers / Colonial Business Brokerage / 443.982.7332
About the Business
Number of Employees:
Premium unit of a highly trafficked shopping mall with fantastic visibility for a growing population base. This location has ample parking available and is in an excellent lease situation with below market rent in a fully leased power strip mall with easy access from a major roadway.
Standard home products sales and service competition in the area. This business maintains a very loyal customer base. Given its strong management, prime location, and excellent and growing community base, this is an outstanding opportunity to own a profitable, well-established household products business.
Growth & Expansion:
The owner has identified several areas for growth and expansion opportunities for the company that could be very attractive to a new owner to pursue.
Highly Profitable Household Products Sales, Service, & Repair Business
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