Asking Price: $1,500,000 Gross Revenue: $2,600,000Cash Flow: $350,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $800,000 not included in asking priceFF&E: $48,000 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 business represents a once in lifetime opportunity to acquire a 40-year historical tradition, fully staffed, turnkey operation that has achieved a proven history of revenue in the millions. The company is a retailer and specialty trade contractor specializing in the sale, service and installation of high-quality products related to the fast-growing outdoor living industry. The business offers a beautiful selection of the finest outdoor patio furniture, barbeque grills, and fireplace products. It has developed key relationships with an established list of preferred vendors. A trained and skilled management team is in place, and the ownership is willing to stay and train to assure a smooth and seamless transition. The business has multiple revenue streams with a focus towards the retail, installation and service sectors of this industry. Ideally located in an easy to access location, this opportunity will surely go fast!
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
Huge 10,00 sq ft showroom with tons of options for customers to touch and feel.
With a focus specifically on the high-end retail market, this company isn't as susceptible to the online challenges as others, nor the large national competitors. This is a specific niche with a specific customer base.
Growth & Expansion:
Being more aggressive with marketing to the current customer base will increase sales. Adding an online presence will drive additional sales as well.
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.