Asking Price: $295,000 Gross Revenue: $800,088Cash Flow: $131,101EBITDA: $131,101Inventory: $12,725 included in asking priceFF&E: $52,594 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.
Fully operational and successful custom cabinet and furniture manufacturing shop and kitchen and bath remodeling business is now available near the resort areas of Delaware and Maryland. Consistently profitable since its beginnings in 1982 it is a favorite with large local builders and private homeowners looking to add one of a kind decorative piece to their home furnishings. All equipment included within a 10,000 square foot workshop and 2,000 square foot showroom, ample parking, great reputation and location along a busy highway leading to and from resort areas.
About the Business
Number of Employees:
Building Sq. Ft.:
From 1982 in a small one-man garage/shop to the present day 10,000 square foot professional woodworking shop and 2,000 square foot show room, the shop has enjoyed a well-deserved reputation for high quality custom furniture along the Delaware and Maryland shores.
This shops emphasis on custom woodworking is unique to the area. Only recently has it begun to incorporate stock and semi-custom cabinetry amongst their offerings.
Growth & Expansion:
Until now the shop has relied on primarily word of mouth and reputation. An energetic and imaginative owner with minimal marketing experience could drive sales with a modicum of effort.
Unique and rare opportunity to own successful custom cabinet making
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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