Asking Price: $590,000 Gross Revenue: $2,400,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&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.
Locally owned and operated, the business offers consultation and design services in addition to a vast array of cabinets, countertops, and home appliances. The business has one of the widest selections of products in the area and is the only retailer to carry high-end appliances such as Wolf, Sub-Zero and Thermador. The company has developed a strong reputation for customer service and has received numerous awards and recognitions over the years.
With revenue projected at $2.4 million for 2018, the business is expected to generate over $300K in cashflow to its owners.
About the Business
Number of Employees:
The business operates out of a 1,600 square foot leased space. The showroom has 12 complete displays featuring flooring, cabinets/countertops and working appliances. The current lease extends through 2018 with a 5-year renewal option.
This is a reputable, well established business with a strong customer following. The company has one of the widest selections of products in the area and is the only retailer of high-end appliances. One of the company’s most direct competitors has recently closed its operations opening the door for the business to quickly pick up additional revenue.
Growth & Expansion:
The company has experienced a significant boost in revenue by introducing a broader array of products including high end appliances. There is additional opportunity to grow revenue by expanding the service lines of the business to include appliance repair and installation services.
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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