Asking Price: $185,000 Gross Revenue: $319,458Cash Flow: $90,292 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $23,500 included in asking priceShare 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.
UPDATED FINANCIALS!! This 40 year old company is on the grow. Owner has REDUCED asking price to sell, and is VERY motivated to sell. The owner will stay on for an extended time to train. Very strong cash flow for an interior remodeling company in southern Wisconsin. Providing full-service build outs for commercial, residential and new construction of all essential areas. Business includes a large, beautiful showroom, displaying many brand name fixtures, tiles, and many products. The showroom and office spaces boast over $400,000 in build-out and leasehold improvements. Plenty of office space available for additional growth. All work is contracted out to many former employees of the business. Owner only does estimates, and makes a few deliveries of product and supplies.
About the Business
Number of Employees:
Building Sq. Ft.:
$3,600.00 Per Month
The business is located in a 7,800 sqft warehouse/showroom/office space that is underutilized. Landlord is motivated to sign longer lease. The front showcases a beautifully laid out showroom of tile, and bathroom/kitchen fixtures. Plenty of spacious office space available for growth. Ample warehouse space for overstock, inventory, and a shop.
The seller has been in the construction industry for over 45 years. Business has been in operation for over 40 years in multiple locations throughout southern Milwaukee.
Only one competitor in general area of the same type of business scope. This business wins head to head bid every time.
Growth & Expansion:
Current owner only has small amount of advertising on the radio, and makes personal contact with potential commercial clients on a limited basis. By utilizing additional internet advertising resources, and attending trade shows could prove to be a good use of marketing dollars.
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.