Asking Price: $350,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $100,000 included in asking priceFF&E: Not Disclosed 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 business provides comprehensive and professional electrical services to residential, commercial and industrial areas in Chicago, the North and Northwest Suburbs. They are recognized by all municipalities as being a certified electrical contractor - licensed, bonded, and insured. They back all electrical work with a 1-year guarantee.
*Trained staff in place
*Owner/founder is ready to retire
*Generator Service Contracts & Installation
*Flexible rent or own option for property
*660 square feet warehouse + office space
*Seller is willing to work with the new buyer to transfer long-standing business relationships
*The business has had multiple decades of success due to an outstanding reputation and word-of-mouth customers
*The new owner will retain approximately $100,000 sellable inventory of materials
About the Business
Number of Employees:
The business has small office space and a warehouse of 660 sq ft that can be rented or purchased from the current owner.
46-Yr-Established Electrical Installation & Repair Business For Sale!!
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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