Estate Sales Services- Listed by SUNBELT BUSINESS ADVISORS

Maryland
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Asking Price:$225,000
Gross Revenue:$441,000
FF&E:$1,440
Cash Flow:$225,000
EBITDA:$175,000
Established Year:2014
BUSINESS DESCRIPTION

Owner will train and could stay for smooth transition

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.


DETAILED INFORMATION
Location
Maryland
Inventory
Not Included in asking price
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a home-based business and they don't have much of FF&E.
Competition
The business target clients are upscale and high end customers. There are some competition in the area but this business due to excellent service and long track record and networking stands above all.
Growth & Expansion
Current owner is from old school and has been satisfied with current operation and has not pursued opportunity to grow this company to new level. Even in some cases they don't accept prospective customers and refer them to others. Someone with good business development plan may take this company to new level by expanding operation to other part of DC Metro area and even Nationwide.
Financing
Seller provides 80% financing to qualified buyer
Support & Training
Owner will provide training and support based on mutually agreed term.
Reason for Selling
Owner is retiring
Home-Based
This business is Home-Based
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(Mike)
Majid Zarinbaksh, MBA, CBI
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(Mike) Majid Zarinbaksh, MBA, CBI