Asking Price: $125,000 Gross Revenue: $125,153Cash Flow: $62,665 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $5,000 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.
OWNER MOTIVATED TO SELL.
This business is the exclusive distributor of a furniture and craft paint that currently comes in 23 colors. The paint itself is geared for Do It Yourself (DIY) crafters, as it is easy to use with little prep time, has a fast dry time and a smooth finish without having to wax, and is highly durable. This is the ideal business for someone who loves crafts and DIY projects, or for someone who is a YouTube / Pinterest / Instagram influencer who would like to build a HOME-BASED paint business to leverage their personal brand. This business is RELOCATABLE!
About the Business
Washington County, Utah
Number of Employees:
Since the paint and other supplies are ordered from the manufacturer as needed, this business could easily be home-based and operated out of a garage. However, the physical business is currently located in a strip mall for re-packaging and shipping the paint to final locations (wholesale and retail). There is no retail outlet at this time.
The current owner purchased the business in late 2016 and has operated the business remotely since mid-2018. The paint was developed by furniture painters to provide an environmentally friendly paint with even coverage and a smooth finish without waxing unlike any other paint on the market.
While there are other paint manufacturers and distributors for DIY furniture and craft paint, this paint has a strong following and has advantages over other paints, as outlined above – the most important being that there is no need to wax after applying the paint. Its clay-based formula, which is produced in the USA, makes it also unlike any other paint on the market. The paint’s name is trademarked.
Growth & Expansion:
Additional growth will come from more aggressive online marketing (including Pay Per Click, enhanced Google AdWords, etc.), expanding the offerings of colors (although colors can be mixed, people prefer to purchase a pre-made color), creating DIY kits and classes (both in-person and online), and expanding the types of brushes and finishes sold with the paints.
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.