Estate Sales Services

Price: $475,000

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.

Listing Details

Revenue: $441,000

Cash Flow: $225,000

EBITDA: $175,000

FFE: $1,440 (Included in Price)

Seller Financing: Available

Lender Pre-Qualified?: Yes

Form of Ownership:

LLC

Reason For Sale:

Owner is retiring.

Training & Support:

Owner and Manager will provide training and support based on mutually agreed term.

Operation

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

Managers: One

Location

Relocatable?: Yes

Facilities Information:

This is a home-based business and they don't have much of FF&E. (Home Based)

(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI

majid@sunbeltnetwork.com
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910 Bethesda, MD 20814

  • Hidden