Asking Price: $775,000 Gross Revenue: $1,409,501Cash Flow: $270,368 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $40,000 included in asking priceFF&E: $150,000 included in asking priceShare 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 50-year-old air conditioning company focuses on residential service and change outs, but also does some light commercial. It is located in a fast-growing area with a high quality of life. The firm is a BBB accredited business with an A+ rating. Marketing activities include television, internet, and telemarketing. A general manager handles many business functions, but the owner still works at the business. This is a well-managed HVAC firm with excellent record keeping, poised for growth. It is lender prequalified for a ten-year business acquisition loan with 20% cash down.
About the Business
Number of Employees:
Growth & Expansion:
The Sarasota/Manatee area is one of the fastest growing areas in Florida.
50-Year-Old Air Conditioning Business in a Growing Area
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