Midwest Sales and Distribution Center

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STRONG Cash-flow!
Asking Price:
$1,150,000

Gross Revenue:
$2,500,000
Cash Flow:
$350,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$800,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

An extremely (40 years) established Omaha business is poised for growth & expansion. The current working model utilizes seven full-time employees with annual sales consistently topping $2.5 million and a free cash flow averaging $350,000. The company sells furniture and appliances to completely furnish outdoor living spaces. The business also specializes in the quality installation, assembly, and repair of the equipment and furniture. The store’s fine reputation creates a magnetic appeal for homeowners/contractors/commercial. To date, the marketing has been primarily word of mouth and the new owner could benefit significantly by the use of technology. The store is seeing an expansion in drop-ship sales along with their traditional local sales, deliveries, assembly and first-class service. Given MAP (minimum advertised price) pricing and a competitive profit margin, this store will continue strong into the future. Contact Leonard Griffith, Business Broker, 641-431-1501 for details.

About the Business

Year Established:
1984
Number of Employees:
7 FT
Real Estate:
Leased
Building Sq. Ft.:
10,000
Rent:
$8,871.00 Per Month
Lease Expiration:
1/1/2020
Facilities:
Prime location in a large retail mall on main streets.
Website:
www.outdoorkitchen.com
Market Outlook/
Competition:
The customer base is the more affluent in the metro area expecting quality products and the service that comes with that. The market will always be present.
Growth & Expansion:
Company is very stable with "word of mouth" being the current marketing practice. An online marketing and sales focus has great potential for business growth.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Current owner is willing to stay on as needed to ensure smooth transition.

Listing Info

ID:
1611127
Ad Detail Views:
0

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Business Listed by

Leonard Griffith

Results Business Advisors

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Sponsoring Broker:

Evan Meester
Results Business Advisors

U.S. Census Data for Douglas and Sarpy Counties, NE
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Douglas and Sarpy Counties, NE
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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