Status as of Jul-3-2008 at 06:00 PM: Active
Lucrative Portable Structure Business
Listing #VA-1727
This is a very profitable business selling sheds, wooden playground equipment, and gazebos. The business is well established with excellent visibility in Fauquier County. The current owner lives in Florida and can no longer run the business. Seller’s Discretionary Earnings are over $200,000 per year. There is very little overhead. The mark up on sheds is over 60%. The business is being offered at 2 times adjusted cash flow. The businesses profit is almost 50%!!!
The company is the largest independent dealer of Sheds, Horse Barns, Gazebos, Playsets and Yard Furniture in Northern Virginia. They have an extensive selection of paint colors, shingle colors and styles to choose from and the buildings can be customized and designed to fit your needs. The buildings are of higher quality and more economical than Home Depot and Lowe’s.
Gross Sales: $532,000
Furniture, Fixture, Equipment and Leasehold Improvement (estimated): $65,000
Seller’s Discretionary Earnings: $200,000+
Inventory: Not Included
Asking Price: $415,000
Down Payment: $415,000
Business Established: 1993
Current Ownership: 4 years
Square Footage: N/A
Lease Expires: December 31, 2008
Lease Option: 2- 5 Year options
Current Rent: $3,000
Building Type: One Level Rambler
Parking: Surface
Employees: 2 FT
Business Hours: 7 days a week 8am - 6pm
Reason for Sale: The current owner lives in Florida and can no longer run the business.
Industry |
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| Industry Classification: | Retail Trade |
| Industry: | Building Materials, Hardware & Garden |
Location |
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| Location Classification: | United States // Southeast States // Virginia |
Financials |
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| Sales Classification: | Between $500 Thousand And $1 Million |
| Sales: | 532,000 |
| Profits Classification: | Between $100 Thousand and $500 Thousand |
| Profits: | 200,000 |
| Profit Type: | Seller's Discretionary Cash Flow (SDCF) |