Asking Price: $275,000 Gross Revenue: $868,000Cash Flow: $150,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $80,000 included in asking priceFF&E: Not Disclosed Real 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.
Owner is retiring after 29 years of successful operation. The business is located in a high traffic shopping center with huge signage and excellent visibility. The labor cost is very low and employee turnover is almost zero. They carry variety of attractive lamps, lighting from popular brand. The company provides repair service and costume built lamps. They provide installation through their independent contractor. The company has served thousands of loyal customers who have been referred to this company or visited their gallery. The business does not have a website and is missing retail sales on internet.
About the Business
Number of Employees:
The business is conducted from beautiful 3000 sq ft of showroom with huge signage, visibility, and plenty of free parking. The plaza had high traffic.
There is almost no competition close to this business to provide the same service they provide. The business has provided an excellent service to their clients during past 29 years. People living or working in Fairfax, and even in further distance patronize this gallery and recommend their service and products to friends and family.
Growth & Expansion:
The business does not have a website and does not enjoy handsome sales through e-commerce and selling product through internet. New owner might be able to carry and sell some other synergy products. Currently they just sell few items via eBay only.
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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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