Asking Price: $180,000 Get FinancingGross Revenue: $875,000Cash Flow: $85,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $30,000 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.
Full service remodeling and replacement contractor. Demand for company's services high. High percentage of year 'round repeat business year after year. Over 3000 satisfied customer in area where word- of- mouth reputation attracts new business. Profitable business track record since 1987 (30 years). Company is one of the few area contractors which does not operate out of a resident by has an office and showroom on a well-traveled, commercially zoned artery. Excellent potential for owner motivated to take advantage of ever-expanding local market. All previous customer files located in office to allow easy new service marketing to established clients. Strong on-line marketing presence established as well as highly effective, affordable radio reach. Sold jobs ready to complete. No indebtedness and low receivables.
A rating with Better Business Bureau.
A+ rating on Angie's list.
Preferred Contractor for PlyGem/Mastic Siding.
EPA Lead-Safe Certification.
Illinois Licensed Roofing Contractor.
Contractor Licenses in surrounding area cities.
Home improvement market projected to increase by 7-9% in 2018.
Solid company that will deliver immediate profit.
About the Business
Building Sq. Ft.:
Company is centrally located to area's material providers ie. lumberyards, big box stores, etc. The business is not tied to the existing convenient location and could be easily re-located. Little to no investment in inventory is required as material is job specific.
This company is one of the longest operating remodeling and home improvement companies in the area. Our motto is Quality Work., Fair Price, Guaranteed. Labor is monitored by GPS tracking. Most of our competitors are small truck and ladder start-ups.
Growth & Expansion:
Traditionally residential remodeling/replacement market carries a much higher business margin when compared to new construction. The business draws upon a vast customer base which can serve as the foundation upon which a motivated owner can launch into the next level of growth.
Awarded, Profitable, Well-Established Remodeling Company
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