Asking Price: $699,000 Gross Revenue: $2,214,763Cash Flow: $535,072EBITDA: $535,072Inventory: $100,000 included in asking priceFF&E: $10,000 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.
Located in the heart of Lexington, Kentucky, this highly profitable luxury home furnishings and decor retailer is on the market for the first time!
-The seller will train the buyer for a minimum of six months, or other negotiated period of time.
-The buyer has a separate commercial real estate deal available with an attractive cap rate!
Established over a dozen years ago, the Company is a well-recognized designer and retailer of high-end interiors, full home remodels, new luxury construction, kitchen renovations, and bath renovation.
With a well-located retail showroom in a high-income neighborhood, limited competition, and potential to further expand product offerings, this business is an excellent investment for a new owner.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,500.00 Per Month
The showroom is located in the heart of Lexington in a high income neighborhood near other retail and restaurant sites. The location is near other higher end retailers, making for good foot traffic and walk-in business.
Very limited competition in the area. The company is recognized as one of the very few options for luxury decor in Central Kentucky.
Growth & Expansion:
The current focus is on very high end luxury furnishings and decor for high net worth individuals. Expansion into a new consumer base would bring growth opportunity.
A new owner could further expand into the higher volume kitchen and bath market. Current ownership has explored the idea of adding a kitchen or bath showroom to meet the needs of these markets, and the current real estate footprint would allow for this improvement.
Highly Profitable Home Furnishings and Decor Retailer
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
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