Annual Revenue: $2,100,000
Location: Halifax Regional
Listing ID: 1256
Listing Status: Sold
Turnkey business. Branded distributor, installer, and warrantee service provider for upper market, high margin window coverings.
Two retail storefronts and an established sales team and process will provide everything you need to take this business to the next level. Very strong growth in recent years is just the beginning, if you are the buyer who is able to take advantage of this opportunity.
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions.
Annual Revenue and SDE:
** Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
Two leased storefront locations in HRM. Sign the NDA below to be notified when information is available.