This turnkey operation would be a perfect fit for anyone with general business experience and their attractive business model allows for a seamless transition even by someone not familiar with the industry.With a 30 year proven track record of consistent cash flows and an impressive 5 years of consecutive YOY Sales Revenue, Gross Profit & Net Income Growth, the majority of sales revenue coming from previously satisfied customer referrals & repeat business and over 300,000.00 of FF&E included with this sale, this high quality acquisition opportunity offers a tremendous upside for overall ROI and is well positioned for continued growth moving forward.
About the Business
Riverhead, New York
Number of Employees:
Building Sq. Ft.:
The Company is currently operated out of a 1/2 acre lot with 2900 sqft of interior showroom space and an additional 4000 sqft interior FULLY AUTOMATED fabrication shop. The new owner will have the option to lease or buy the property and buildings.
After 30 years in business, the owner is ready to pursue other interests.
the owner will work with the purchaser for 2 months to ensure smooth transition, and after will be available as a consultant.
Ad Detail Views:
Asking Price: $1,490,000 Gross Revenue: $2,054,996Cash Flow: $429,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $175,000 included in asking priceFF&E: $300,000 included in asking priceReal Estate: $1,450,000 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.
The information on this listing has been provided by either
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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.