Asking Price: $1,490,000 Gross Revenue: $4,620,720Cash Flow: $408,971 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $800,000 not included in asking priceFF&E: $270,000 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.
Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: http://www.pronovapartners.com/engagement/profits-in-rta-cabinetry-flooring-building-quickly/
The explosive growth of this ready-to-install cabinetry and flooring distribution Company is the result of prioritizing a multi-faceted marketing plan that has attracted customers at the wholesale and retail level. In combination with quality products offered at great prices and backed by superior customer support, revenue has skyrocketed.
This wholesale distribution business specializes in supplying high-quality wood cabinetry, SPC & WPC flooring and complimentary fixtures at excellent prices backed with exceptional service.
At the heart of the Company are two partners who launched the Company with a strong vendor network, a large customer base, and years of corporate experience. The result is a Company that has grown into a $5 Million-plus revenue-producing and profitable business in just 3 years.
The partners analyzing the market and original design manufacturers (ODMs) not with the singular goal of importing, but to develop their own cabinetry and flooring brands. They visited more than a dozen Asian factories to find manufacturers who were able to provide both the quality demanded by the marketplace; at a price point appealing to customers that also provided the best profit margins as well. Those products are then supported by a network of distributors and dealers.
Although many competitors struggle with marketing and self-promotion, these executives boldly jumped onto multiple marketing platforms to launch and create demand for their brands and it has been quite successful, and will continue to grow as the company and product names become more recognizable.
This could be a strong candidate for L1/EB1C or other immigration visa programs through acquisition of a business.
About the Business
Los Angeles, California
Number of Employees:
The primary location is a 30,000 square foot warehouse and distribution center. and three retail locations. Three secondary retail locations help reach a wide variety of consumers. Together, these operations created an internalized distribution system, enhanced its logistics schedule, and increased access to products and services.
Despite being a competitive industry, there are a wide variety of manufacturers that created a wide variety of products in a wide range of quality and price points that appeal to a multitude of customers. This business's real wood products are priced to span many levels of buyers.
Growth & Expansion:
As more retail locations open, it would be wise to establish another central warehouse location to better serve contractors and dealers farther away from the current headquarters. There is much potential to open new retail locations in the San Fernando Valley, in the greater San Diego area and in San Bernardino County where new construction is booming.
Profits in RTA Cabinetry/Flooring Building Quickly
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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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