Asking Price: $59,000 Gross Revenue: $360,000Cash Flow: $75,000EBITDA: $75,000Inventory: $5,300 not 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.
Over the last decade nearly half of all store front furniture stores have gone out of business, which equates to less competition. Our potential targets are families that want quality furniture at bargain prices. Many statistics show that the furniture business is on a strong rebound. However, because our brokers have access to the same exact quality, variety and manufacturer of any storefront business, prices tend toward actual savings for the end-user and competing profits for the broker. With furnitureBROKERs using our specialized knowledge, we sell Quality and Price for all the reasons mentioned. Our Distribution Center owners provide furnitureBROKER owners the product lines directly, then sell to the End-User. Our Quick Start strategy creates immediate business, and increased business. We provide vital information giving access to tools that save time and increase effectiveness.
About the Business
Number of Employees:
Warehouse based business servicing the community in both retail and wholesale capacity.
This location has very strong projections and financials. Competitive pricing in this area is high, which means large profits are achievable beneath local retail pricing. This is a key market opportunity.
Growth & Expansion:
Literally thousands of high profit Big Ticket items available to sell and system built to recruit self starting entrepreneurs to sell your merchandise for you.
35+ Years experience in the Lucrative Furniture and Mattress Retail and Wholesale industry to train and support your venture is exactly what you need to achieve success in the One Hundred Billion Dollar a year Industry (Furniture and home furnishings stores generated about 101 Billion U.S. dollars worth of sales in 2013, according to statistics) Please watch Video: https://youtube/6bUTXI7fSFY
Furniture & Mattress Distribution Center Featuring Simmons Beautyrest
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
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