Phone: (301) 215-9288
Location: Montgomery County, Maryland
Industry: Other Business Services, Estate Sales, Auction
Listing ID: Montgomery-MZ HS 670
This company is home-based and provides Estate Sales for their upscale clients. They have an excellent track record of success and served hundreds of satisfied customers. The business has very low overhead and attractive high margin . They conduct estate, downsizing, and moving sales online or in person. They have significant number of referral from past clients, real estate agents, and attorneys. Their revenue has been growing nicely during past few years. They serve clients in DC Metro area. They have a manager and 10 part time employees as needed.The business is qualified for SBA financing with 10%-20% down payment.
Cash Flow: $225,000
FFE: $1,440 (Included in Price)
Lender Pre-Qualified?: Yes
Form of Ownership:
Reason For Sale:
Owner is retiring.
Training & Support:
Owner and Manager will provide training and support based on mutually agreed term.
Year Established: 2014
Year of Last Acquisition: 2014
Days & Hours of Operation: Normally day hours and during the sales could be longer
Owner Hours Per Week: 40
Non-Owner Payroll: $187,000
Employees: 10 Part time employees as needed
This is a home-based business and they don't have much of FF&E. (Home Based)
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
7735 Old Georgetown Rd., Suite 910 Bethesda, MD 20814