Bathroom Vanity Design Center

Pompano Beach, FL (Broward County)

Seller Financing Available
Bathroom Vanity Design Center

Asking Price:$219,000

Cash Flow:$240,000

Gross Revenue:$800,000

EBITDA:$350,000

FF&E:$15,000

Inventory:$60,000*

Rate/Sq. Ft.:N/A

Established:23

*not included in asking price.

Bathroom Vanity Design Center

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Business Description

23 YEARS in Business!
Great books and records of profits for the last 23 years. Growing home design center which sales bathroom vanities, flooring, shower units, faucets, tubs, and mirrors. Avg. monthly sales are around 70k, gross profit margin is 45%.

Long term customers, great reviews, and steady flow of new customers thanks to our marketing plans. Our website is running very well with steady hits. We have an un-used Ebay with over 800+ positive reviews which will be a good asset to grow.

The business runs with 4 employees, husband & wife team could easily run the store front with one part timer to take a day off and one warehouse/delivery person. Currently we have two full time employees and two part time with one working owner. Owner comes and goes due to other businesses.

Grow in home improvements will keep going up over the next few years (30% over last year in business). Now is a GREAT time to get in. The season is just getting ready to kick off! During the winter we will avg. 80-100k a month in sales.

Owner will help with financing this business. Maybe able to do a zero down deal for right person.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,500
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in Mall for retail, Storage/warehouse in area also leased.
Competition:
Always has been for 23 years and always will be competition, however we have a great name, been in the same location for a long time, and have a good marketing plan.
Growth & Expansion:
Need more online sales, Ebay, Houz, Wayfair, ect. need someone good with computers.
Financing:
Seller Financing, seller can help out for zero down if needed, open to offers
Support & Training:
4 weeks at no costs, on going as much as needed, owner loves this business and wants it to do very well.
Reason for Selling:
Have a large business to run
Business Website:
http://www.magoosfurniture.com

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Business Listed By:
Jon Raimund

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