Home Furniture/ Furnishings - 21310
Business Type: bldg materials/hardware/garden,home furniture/ furnishings,misc. retail/non-classifiable,owner financing available,assets only sale
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $99,000 | Down Payment | $51,000 |
| Gross Revenues | $380,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $85,700 | Number of FT Employees | Register Free to View |
Financing
$51,000 Down and 48,000 seller finance 3 years at 5%
Business Description
If you're looking for an up-and-running, profitable and Ready to Run Window Covering Company...This is it! Small business, one you can take over and generate a profit on day one with limited training, this is it! All customers currently come to the owner, thanks to the franchise's parent company spending huge amounts of money on Internet advertising. In addition, this business currently has over 800 existing customers that regularly return for more blinds and can be directly marketed. The business has a defined territory that includes: Potomac, North Bethesda, Bethesda, Chevy Chase and NW DC. Yes, this is a good area to be in business, and all of the other 800 franchises are barred from entering this region. Essentially, you're getting the best of all worlds: a successful, easy to run and fun business, with a strong 18 year old franchiser giving constant support and training, always there to make sure you do well!. The owner wants this business to continue to succeed (it's his baby) and will provide as much support/training as needed. In addition, owner will pay for buyer to travel to the the franchise's headquarters for two weeks of intensive sales/business training. Seller pays transfer fee of $5,000.00.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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