Asking Price: $943,000 Gross Revenue: $3,045,000Cash Flow: $360,000EBITDA: $360,000Inventory: $10,000 included in asking priceFF&E: $197,000 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.
The retirement aged seller of this full - service electrical contractor provides a complete range of services including electrical system installation, maintenance, and repair as well as the installation of fire alarm and structured cabling systems. This company counts many of Cincinnati’s largest companies among their list of satisfied clients. Whether it is a retail store, an office building, a warehouse, or a big box store, this company has the experience to successfully accomplish the task. This business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:
SBA loan qualified
Long tenured staff to assist in management
Clean books and records - all numbers are verifiable
Price includes all equipment valued at over $197,000
Price includes all inventory estimated at over $10,000
Fully staffed fleet of 10 service vehicles and a bucket truck
8,000 SF building available for purchase in addition to the asking price
Great growth potential as no focused sales or marketing effort has ever existed
About the Business
Number of Employees:
Building Sq. Ft.:
The facility is 8,000 square feet which includes office and warehouse space. It is available to purchase in addition to the asking price for the business.
The company has a host of clients that have been clients of theirs for many years. These clients, in turn, have referred many news clients through the years.
Growth & Expansion:
The company needs to engage more in electronic marketing. Their marketing efforts have been minimal at best. In addition, the owners feel that marketing directly to building owners is a way to increase sales as well.
25+ Year Industrial & Commercial Electrical Contractor
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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