Asking Price: $100,000 Gross Revenue: $200,000Cash Flow: $50,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
A newly-established CertaPro Painters Franchise is for sale on Long Island, this territory was recently established. This is a prime territory for both residential and commercial work. The buyer will be getting in for the cost of a new territory, but with some market momentum as this territory is generating about $200,000 in revenue. There is tons of upside potential as the average territory generates greater than $1 Million Dollars a year in revenue. If you are looking for a scalable service business, in prime territory, this might be your opportunity. The growth potential is tremendous as the franchisor does not limit where you can perform commercial jobs. The largest owners in this franchise system have sales of greater than $10 Million in revenue.
This franchise brand is the 800 Pound Gorilla in the marketplace. They are the #1 Company in a HUGE Industry - More than 10x larger than their nearest competitor. This is also a very strong market for the brand and there are a lot of local marketing initiatives in place, including being a sponsor of the NY Yankees. They have incredible brand awareness in the NY marketplace. An owner only needs to have general business acumen to be successful in this business. The demand is there, the franchisor support is there and there is no threat of the internet or amazon, or technology hurting this business. Please refer to listing number 13959 when inquiring about this opportunity.
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
full Terms & Conditions.