Asking Price: $1,750,000 Gross Revenue: $3,300,000Cash Flow: $360,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $225,000 included in asking priceFF&E: $95,000 included in asking priceReal Estate: $950,000 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.
Highly profitable Virginia Boat and PWC (Personal Water Craft) dealer who also installs and services boat lifts and docks and has been prequalified for an SBA loan. They carry popular brand name boats, motors, trailers and PWC’s and are the premier dock and lift installation and service company in the area they serve. They have demonstrated sustained revenue growth and increasing profitability, are strategically located to serve their market and are positioned to expand with additional brands and types of recreational vehicles.
About the Business
Building Sq. Ft.:
Property and buildings appraised at $800,000 in 2012. Steel frame building consisting of showrooms, service areas and small office area. Second floor consist of office and storage areas. Multiple canopy style covers are used for boat and PWC storage all located on 3.3 acres with multiple road access points.
Growth & Expansion:
The company recently added another technician to handle the service growth and the addition of branded recreational vehicles would assist in growing sales.
Boat Dealership & Dock Installation Company with Real Estate
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