Highly Profitable Eureka Window Coverings Sales...

Humboldt County, CA
Humboldt County


Asking Price: Annual Revenue:
$330,000 $863,731

Retail: Home Furniture & Furnishings


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RE: Highly Profitable Eureka Window Coverings Sales... Broker: Phillip Holt
License #: 01731143
Owner Financing is Available!

Quick Facts

Asking Price: $330,000
Annual Revenue: $863,731
Net Profit: Not Disclosed
Cash Flow: $182,638
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: Not Disclosed
BBN Listing #: 588838439
Broker Reference #: OAKLACA001-N261

Email or Print Listing

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Business Overview:

This profitable and relatively easy to operate business is an outstanding purchase opportunity as it is offered at only 1.81 times the most recent 3-year average of its annual net cash flows. The average multiple for a business of this type and size is typically 2.2–2.5X. The financial performance of this business so far in 2021 is on track to exceed the average of the last 3 years. It has higher than average profit margins compared to its peers. The Company sells and installs all types of window coverings. It is a very well-run company with clean financial statements. During its 30+ years it has become the pre-eminent window coverings business in the area. Its prominent local name recognition has made it the number one go-to store in the community for such products and services. Quality products and outstanding customer service differentiates this business from the local competition. And it is in a great location in a retail area with ample parking. The company orders the products from the fabricator/distributor when the customers place their orders. And at that time, the customers are required to make a significant down payment. So there is reduced risk as inventory carrying costs and account receivables are minimal. The Sellers are retiring and are highly motivated to sell. This business is pre-qualified for a SBA loan by two banks – up to 85% financing, which says a lot about the quality of this opportunity.

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Property Features and Assets:

Real Estate License ID: 01731143

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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