Growing Business For Sale, Cincinnati, Ohio

Featured on BusinessForSale.com . 6 viewed

Asking Price

$479,000

FOR SALE - ACTIVE

Detailed Information

Location

Cincinnati, Ohio, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

The business has experienced steady growth in sales over the past few years, with a 30% increase from 2020 to 2021 and a 21% increase from 2021 to 2022. The current owner has efficiently utilized industry-specific software and management practices to streamline operations, resulting in improved business performance. Despite minimal advertising efforts and serving only a small portion of Greater Cincinnati, sales continue to rise. This company is being offered as an asset purchase, free of any debts. The owner is willing to provide comprehensive training and support for a seamless transition. Key attributes of this opportunity include eligibility for SBA loans, included equipment valued at $95,000, absence of accounts receivable (all cash basis), an inventory worth over $18,000, a customer database of more than 11,000, and service provided to over 2,600 customers in 2022. The business also boasts clean and verifiable financial records, a 3,300 square foot facility comprising

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