ACQUISITION
OPPORTUNITY #R-1816
BROMWELL'S
FIREPLACE ACCESSORIES
PROFILE:
This long established business is recognized
as one of the oldest retailers in the City.
Recent years have seen a downturn in sales and profitability
due to seasonality of its product lines and the generally weak
economy. Retiring
ownership sees the opportunity to improve sales and earnings with a
concerted effort to expand its offerings with products that are
geared to slower selling periods and by expanding its website
marketing. This asset
purchase offers a new owner the opportunity to capitalize on one of
Cincinnati’s most cherished retailers.
INVESTMENT
HIGHLIGHTS:
-
Established
niche retailer for over a century
-
Excellent
buying relationships with top of the line suppliers
-
Knowledgeable
employees wish to remain with new owner
-
Strong
customer loyalty among several generations of satisfied
customers
-
Opportunity
to expand product lines and marketing direction to complement
seasonal selling periods
PURCHASE
PRICE:
The
business is offered as an asset sale, free and clear of all debt and
liabilities for $200,000. The
seller may finance up to 40% of the purchase price to a qualified
buyer.
Financial
Summary:
ACF (Adjusted Cash Flow) is the pretax cash flow of the
company prior to expenses of seller’s salary, depreciation, and
certain seller discretionary expenses that will be eliminated upon
the sale of the business. ACF
= net profit + seller salary + depreciation + seller discretionary
expenses.
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