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VR Business Brokers - Milwaukee West, WI
W229 N1433 Westwood Drive #106
Waukesha, WI 53186
(262) 347-2083
www.vrbizlakes.com
timb@vrbizlakes.com
 

VR Business Brokers - Milwaukee West, WI

W229 N1433 Westwood Drive #106
Waukesha, WI 53186
(262) 347-2083
www.vrbizlakes.com
timb@vrbizlakes.com

Business Listing Details

LISTING#:
4181-1224

I2300: Home Furnishings
1224 Furniture & Interior Design Co.
LOCATION: Northeastern Wisconsin
  
ASKING
PRICE

$191,000
AMOUNT
DOWN

$191,000
REVENUES:
  
$1,641,244
DISCRETIONARY
EARNINGS

$229,783
TOTAL
ASSETS

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 cashflow. 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 cashflow. 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.

 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.