Asking Price: $750,000 Gross Revenue: $843,930Cash Flow: $201,340 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $250,000 included in asking priceFF&E: $30,000 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.
This company is unique in the Houston area and offers remodeling services and european high end kitchens to affordable prices. The customer base is diverse and includes Designers, builders, commercial and residential customers.
Additional this company offers high quality european windows and security doors.
A well established relationship to overseas suppliers and shipping companies with established credit history.
There is a high demand for high end quality european kitchens in the Houston area and its international character for a fair mid price range.
Therefore there is no competition in price, only high end luxury kitchen retailer can compete in quality and design but not in price. This enormous potential led to a very fast growth and plus in revenue.
Advertising and word of mouth of satisfied customers lead to an increasing customer base.
About the Business
Harris County, Texas
Number of Employees:
Building Sq. Ft.:
$1.92 Per Month
2,400 sq.ft. showroom with kitchen and vanity displays, The showroom has 7 kitchens on display. 2 kitchens are fully equipped with working appliances and ready for cooking events or cooking school. Mens and womens bathroom available. 1000 sq.ft. warehouse Delivery truck with advertising, tool van, all tools necessary for kitchen installation and remodeling. Ready to go.
There is a high demand for high end quality european kitchens in a fair mid price range in the Houston area with its international character . Therefore there is no competition in price, only high end luxury kitchen retailer can compete in quality but not in price.
Growth & Expansion:
in only 3 years this company had an enormous growth in sales which is steadily raising and will lead to possible more locations in the future
Retail of European kitchens and home/commercial remodeling company
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.