Southern New Mexico&#39;s Premier Kitchen, Bath &amp; Closet Showroom
Asking Price: $975,000 Gross Revenue: $4,221,985Cash Flow: $272,189 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $317,239 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.
New owners will inherit southern New Mexico’s premier showroom. The top brands in kitchen, bath and closet/organization systems are attractively displayed in this inviting, state-of-the-art space.
Four complimentary profit centers have driven the business’ expansion throughout southern New Mexico and West Texas. Relationships with the area’s high-volume and custom homebuilders account for 78% of annual sales and have fueled its domination of the residential construction market. Eight out of every ten new homes feature this company’s products.
The diversity of styles, range of price points, and white glove sales, design and installation services have secured this preeminent market position and diversified client list. The manufacturers drop-ship directly to the client site, eliminating the need to carry inventory . Good internal systems, strong staff, and proven marketing and sales pipelines are in place to support new owners.
About the Business
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The facilities include a stylish, high-visibility showroom and a warehouse.
With an outstanding reputation for customer service and professionalism, the business has eclipsed the competition. An attractive website, branded vehicles, and displays at appliance showrooms help drive traffic to the showroom.
As the energy economy comes back, demand for new homes is expected to take a sharp uptick. Developing its retail sales channels and expanding the company’s presence in the remodel sector will help to propel this business’ ongoing growth.
Training and support will be provided during the transition phase.
Cash Flow Comments:
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