Asking Price: $799,000 Gross Revenue: $515,434Cash Flow: $214,456 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $200,000 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 business opportunity provides professional holiday decorating and Christmas light installation service in East Tennessee. Same ownership since 2005, this award winning franchise company is one of the top producing franchisees in the country. The seller has grown sales year over year since inception. In 2018, total gross sales were $515,434.
A vast majority of all franchisees have a core business with this business as an add-on revenue stream. This is a seasonal business from October thru February of each year. The business has a very loyal customer base: the company did 168 installation jobs in 2018 with an average ticket price of $3,068; and 85% customers return each year. The decorating crews are fast, efficient, and use the best methods of decorating under all weather conditions. The installation crews are professionally trained and use the utmost of care when decorating a home or business, without damaging moldings, roofing, or architectural elements.
In 2018, ALL franchisees around the country experienced 10.8% growth over 2017, marking eight straight years of double-digit growth!
About the Business
Knox County, Tennessee
Number of Employees:
Business is located on the seller’s property in a warehouse barn. It is a 2,500 sq ft barn to house the equipment and supplies. The seller is open to negotiating using this warehouse for the next year but a new location would need to be found in 2020.
Growth & Expansion:
The business only provides outdoor decorating services and at this time, does not do any interior decorating services. A new owner could expand into weddings and event decorations. The seller does no marketing because they can barely keep up with demand as it is now. Potential growth opportunities are to do interior Christmas decorating services; add more crews and a comprehensive marketing plan.
Professional Holiday Decorating Installation Service
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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
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