Asking Price: $139,000 Gross Revenue: $419,501Cash Flow: $56,138 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $195,000 not included in asking priceFF&E: $50,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This Alabama business has a reputation for stocking only the highest quality commercial wood and metal working machinery and supplies at competitive prices and is the only one-stop shop serving its loyal customer base within a 90-mile radius. The owner has a 25-year professional consulting business in another field and therefore this business has basically operated as a part-time hobby that produces a profit. Despite limited hours of operation and virtually no external sales and marketing efforts for over 10 years this business continues to increase sales and profits year over year. 2019 first quarter sales = $153,846! With owner financing available and a commitment to a successful transition, this is an opportunity for an existing company to expand territory, a hobbyist to turn their passion into income, or business-minded entrepreneur to take an established niche business to the next level.
The impressive showroom and warehouse facility, built by the owner in 2014, is available for purchase, or lease through separate negotiations.
About the Business
Number of Employees:
The current facility was built by the owner in 2014 and has 4,600 sq. ft. of heated and cooled building space dedicated for the showroom (3,850 sq. ft.) and for warehouse and repair shop space (1,750). There is also 1,400 sq. ft. of finished office space available and a 1,200 sq. ft. unfinished mezzanine above office space. A separate 1,500 sq. ft. space on-site is used for additional warehouse and equipment storage. The owner does not operate the facility under a defined lease agreement, however, a new owner can negotiate lease terms with the building owner if they decide to continue operating in the same location. The facility is also available for new owners to purchase by separate negotiation.
17 YEAR Industrial Equipment and Supply Company for sale!
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