Asking Price: $799,000 Gross Revenue: $1,000,000Cash Flow: $346,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $350,000 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.
LET IT SNOW - This is a service business with contracts in place that generates over $250,000 in revenue even if it never snows. Revenues for the 2017/18 snow season were over $900,000 and projected to reach $1,000,000 for the 2018/19 season.
All Commercial...The contracts are with branded retail stores, banks, condo associations, assisted living facilities, municipal buildings and more. Most are multi year contracts.
The work is performed by dedicated employees and long term sub contractors. The more it snows the more you make. Great business for a new or seasoned entrepreneur. Take right over.
About the Business
Number of Employees:
The business is run out of a small home office and the vehicles and salt are kept in a commercial yard. The rent is $2000 per month.
They work on a contract basis. Most contracts are multi year. Low overhead allow the business to be very competitive when necessary.
Growth & Expansion:
Add SUBS or more staff and more equipment and you will grow. Advertising and networking will also add customers. Add lawn services for summer season. WHAT ARE YOU WAITING FOR?? CONTACT BROKER NOW!
Business to Business Service with Corporate Contracts
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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