Annual Revenue: $2,100,000
SDE: $315,000
Location: Halifax Regional
Industry: Municipality
ID: 1256
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 owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.
By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.
Annual Revenue and SDE:
2022 Proforma
Revenue: $2,170,000
SDE: $320,000
2021
Revenue: $1,400,000
SDE: $150,000
2020
Revenue: $960,000
SDE: $60,000
** 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:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator
Two leased storefront locations in HRM. Sign the NDA below to be notified when information is available.
*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.
For more information on this listing, please complete our Non-Disclosure Agreement