Asking Price: $1,700,000 Gross Revenue: $3,400,000Cash Flow: $450,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $700,000 included in asking priceReal Estate: $3,000,000 not 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 Central Virginia profitable business specializes in the design and installation of complete kitchens, baths, bars, casework and architectural millwork for all rooms of the home. They provide quality workmanship, state-of-the-art materials and brand name appliances to homeowners and have been operating for over 20 years. Through their turnkey process, they design, develop and execute projects from concept to completion, providing the homeowner with a seamless integration of style and efficiency.
About the Business
Number of Employees:
Building Sq. Ft.:
Location is over 13,000 sq ft of office, retail and warehouse space with adequate parking for customers and employees. Real estate is available for purchase for $3,000,000 or owner will consider a lease/option purchase plan for highly qualified buyer.
Competition consists of smaller service providers and some larger ones, but due to the quality, long term sustainability and reputation they are considered a premier provider of remodeling services in Central Virginia.
Growth & Expansion:
A more aggressive marketing program for new construction, expanding into the commercial based arena and adding additional designers to the staff would increase the growth rate.
Kitchen & Bath Remodeling Company - Central Virginia
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