Asking Price: $7,700,000 Gross Revenue: $4,218,429Cash Flow: $1,942,614EBITDA: $1,885,419Inventory: $1,866,190 included in asking priceFF&E: $49,120 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.
Super hardware and design organization made up of a showroom-warehouse in NW Miami and a modern showroom in Kendall. Sells bathroom and kitchen vanities, doors and accessories, cabinets and cabinet hardware, wardrobe and furniture accessories.Represents some prestigious American and European brands and has a proprietary well-developed brand that inspired a stores-franchise model recently approved and ready to be marketed. Huge assorted stock of products available in the warehouse for immediate delivery. Price includes an inventory over $ 1,850,000.
About the Business
Number of Employees:
The company operates two warehouses with showroom, office and storage capacity in Doral and Kendall.
There are about four organizations comparable in size in South Florida. The success achieved by our organization stems from the fact that the company strives to offer a refined design plus trendy architectural hardware European-inspired.
Growth & Expansion:
The growth of the organization depends on the ability of offering a permanent technical, design-wise support to its potfolio of customers. The firm has top-quality products' representacions of European hardware and mantains huge inventory levels to provide immediate satisfaction to its clients. In fact, the company is expanding its warehousing capacity to house more products and develop its showroom space.
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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
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