Asking Price: $800,000 Gross Revenue: $2,500,000Cash Flow: $500,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $250,000 not included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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 is an amazing business for someone who knows the furniture industry. The company is a very well-established and highly respected manufacturer of high-end custom designed furniture.
Clients include celebrities and some of the most recognized commercial, hospitality, architecture, and design names in their respective industries. In-house services include: furniture, finishing, upholstery, and window treatments.
The company is known for being a one stop shop for custom furniture requirements and is consistently used by the most recognized retail brands in the world.
About the Business
Number of Employees:
Days & Hours of Operation: 6 Days Non-owner Payroll: $ 23,300 Absentee Owner: No Inventory: $250,000 (not included in asking price) Lease Security: 22500 Monthly Rent: $ 13,388 Square Footage: 20000
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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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