(262) 420-1998

Successful Transaction

Sold to Private Investor

$400,000

  • Engagement Number: 1224
  • Title: 1224 Leading Furniture and Interior Design Business
  • Location: Wisconsin
  • Asking Price: $191,000
  • Gross Sales: $1,592,000
  • SDE: $157,000
  • Real Estate: $1,000,000
  • Building Sq Ft: 13,000
  • Industry: Retail

DESCRIPTION


HAVING A RECORD YEAR!  Earnings are up 185% through the first two quarters of 2018.  Revenue, customer counts and nearly every key measure for this business is rising.  This is a great opportunity at an extremely good value. Over $1.6M in revenue and over $220,000 is cash flow in 2017.  2018 promises to be significantly higher! The owners want to retire and are willing to sell the business for under a 2 multiple, at $191,000.  This does not include the cost of inventory. Excellent opportunity to acquire the area leader. Real estate is listed at appraised value and includes a 3K sq. ft. vacation rental home that adds to the cash flow.  Great place for a new owner to stay as they learn the business. This retail and interior design business was started on a single, important principal: to deliver the absolute best in customer service to every customer they encounter.  This steadfast principal, along with excellent product, interior design services and a top notch team have guided them to consistent success over the last 12 years.  As the company has expanded their offering, the competition in the area has truly fallen off.  The combination of top brands, service and an outstanding customer base has positioned the company as the go to provider in all of Northeastern Wisconsin.  A truly turn-key business that is a market leader with strong profitability and growth/expansion opportunities.

For more information on this listing, please complete our Non-Disclosure Agreement


Financial Summary

Revenue
Cost of Goods Sold
Gross Margin
Operating Expenses
Net Profit (tax return)
Earnings
Owners Benefits (Add Backs)
Discretionary Earnings

For more information on this listing, please complete our Non-Disclosure Agreement

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