Asking Price: $925,000 Gross Revenue: $2,900,000Cash Flow: $189,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $28,000 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.
This thriving business has proven that online selling is not a passing fad. It has established itself firmly in a niche of the home furnishings sector and flourished for over 15 years. The physical location is flexible with an online business. Office and inventory can be accommodated in less than 1,000 sf. The bulk of orders are shipped directly from the suppliers.
- Established presence in the niche of this sector with longevity and historical data to leverage
- Proven, robust Website fully responsive on all devices
- Established strong reputation for client service
- Long-standing relationships with suppliers, both domestic and overseas
The seller weathered the recession that hit the housing market very hard and 2018 revenues are on track to again exceed $2+ million. The business remains nimble to adapt to the ever-changing challenges as online commerce evolves.
This is an excellent opportunity for someone with experience in a fast-moving environment to jump into a business with a strong and well-established reputation to continue to build on.
The seller desires to sell this business to concentrate on an emerging opportunity but is willing to assist with a transition.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,350.00 Per Month
The business occupies a leased space that includes a showroom and space for inventory & shipping. It can be accommodated in 1000 sf or less.
Online competition is very strong and requires constant attention to keep up with developments. The business, though, has established itself in a niche with a high level of service that stands up very well, as proven over time.
Growth & Expansion:
The online environment is very dynamic and offers a number of avenues to pursue expanding the business presence and promoting awareness.
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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