Asking Price: $797,000 Gross Revenue: $1,730,361Cash Flow: $212,525 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 not included in asking priceFF&E: $25,000 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.
A full-service B2B specialty office furniture business and service provider. SBA Lending Reviewed. Well known as a provider of specialty furniture, this industry leader also incorporates consultation services to customers, including product solutions and professional installations. Strong interest and growth in the specialty furniture business continues to be a positive and significant trend for the near future. Highly trained and knowledgeable employee team in place. CPA reviewed books and records. Helping businesses improve their work place, resulting in a safer work environment and dramatically increasing employee performance. Located in the San Diego area.
E-commerce and traditional sales, exceptional customer service, full selection of products and a talented team make this business a tremendous growth opportunity for the future.
About the Business
Number of Employees:
Building Sq. Ft.:
Located in an industrial center. Well maintained building and facility that is conveniently located to major surface streets and public transportation. Facility includes showroom, office space and warehouse. Founded as a specialty furniture business to meet the changing needs in office furniture to ensure a safer work environment for employees and while helping employers reduce costs. Serving the San Diego area for three decades.
The business does a good job positioning itself against competitors in the local area by offering not only products for sale but services that enhance customer service and assist in the decision process.
Growth & Expansion:
San Diego County is a growing community with a healthy business economy. California businesses tend to have a cutting-edge reputation for adopting innovative and healthy work environments. Strong interest and growth in the specialty furniture business continues to be a positive and significant trend for the near future.
Specialty Office Furniture Business – B2B - SBA Lending Reviewed
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