Established in 1994. This business is a blend of wholesale, retail and service predominantly working with contractors, designers and businesses. They have recently established a website to handle online sales. The founder of the business retired 2 years ago. The current operator has been with the business 10 years and would stay on if the new owner desired. The discretionary income for a new owner based on the 2018 tax return is in the $135,000 range. This is prior to hiring an assistant or keeping the current operator. We are asking $250,000 for the business which includes about $15,000 in inventory.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,600.00 Per Month
960 Sf located in Americas Mart in downtown Atlanta.
Growth & Expansion:
The owner believes there is growth potential through the current model and the addition of online sales.
Asking Price: $250,000 Gross Revenue: $404,000Cash Flow: $135,000EBITDA: $135,000Inventory: $15,000 included in asking priceFF&E: $5,000 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.
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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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