Asking Price: $150,000 Gross Revenue: $207,500Cash Flow: $73,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $35,000 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.
Current company is the result of the owner's 39 years of plumbing experience. Initial "company" was founded in 1991 as a sole proprietorship, and incorporated in 2003. Consistent gross income in excess of $200,000 per year. Daily, constant calls for service requests, as well as multiple general contractors who schedule for new construction, as well as remodel.
The sky is the limit, company is waiting for a new master plumber and owner to pick up the reins, and continue the vision and scope the current owner has laid out.
About the Business
Number of Employees:
Company is currently based in owner's home (home is listed for sale). Entity assets (financials will not transfer without entity purchase) include a 2005 Sprinter 3500, IHI mini Excavator, and Heavy Equipment trailer.
Company is heavily invested in goodwill - owner has been an owner/operator in Sarasota since 1991. Some repeat customers have used the company for over 20 years. Company has an established reputation both in occupied service, and new construction.
Growth & Expansion:
Company is currently being run by a husband and wife team with the owner in the truck, and his wife in the office. There is currently more business than the owner can handle by himself. The opportunity is there for a new owner to hire additional plumbers to service the multiple accounts (both service and new construction). If a fleet were to be developed, a new owner could easily achieve a mid six figure income based off of the foundation established by the current owner.
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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