Asking Price: $799,000 Gross Revenue: $2,309,997Cash Flow: $358,107 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 included in asking priceFF&E: $143,236 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.
Very Profitable kitchen and interiors business since 1996. The ONE STOP shop for all Kitchens, Baths, Closets and Interiors in New York City. Complete Showroom and exclusive dealer for major manufacturers. Well established with repeat and referral based business. Both commercial and Residential customer base covering Manhattan, The Boroughs and Greater New York. The business consists of a design center with showroom plus a strong, succesful contracting division.
Must see for any buyer that wants a high margin and extreme profitable home product business. Perfect for investors looking for cash flow performing businesses. Owner will stay on for a smooth transition. Team is in place and brand new location starting in 2019! Act Now!
About the Business
Number of Employees:
Building Sq. Ft.:
Brand New location! 3,000 square foot showroom center in NYC with over $250K in displays and inventory. Additional warehouse and supply center 5 min away to service all the boroughs, surrounding states very easily. Servicing all of Manhattan from this location. Very hard to get in Manhattan! Can easily expand into design products. Strong operator can be taught the business. Interior designers, architects, and sales professionals will do well to add this business for more revenue. Over $400K annually in income to the owner!
Preferred Pricing with very popular line of product offerings. Great Margins and high ticket sales. This business is the go to source for Manhattan. High End clientele! This business is primed for expansion.
Growth & Expansion:
The business does over $2 million in sales without marketing so tremendous opportunity for right buyer with these additional skills. Systems and process are in place for this business to grow with the right buyer. NYC real estate is expanding once again and this company benefits directly. Expansion of sales force and marketing are first step to growth along with new product lines. Strong referral base each year.
Current owner will stay on as an employee for up to 2 years transition.
Will train for 2 weeks @ no cost. Exclusive dealer and designer of kitchen and interiors. Additionally, they have a division focused on Home interior products and supplies Designer and production crew on staff to make this turn-key. Easily trainable and owner will stay on in support role!
Manhattan Design Showroom-Easy to Run-Owner Will Train!
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