Asking Price: $349,000 Gross Revenue: $998,233Cash Flow: $150,730 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $125,600 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.
This 50 year old residential and commercial roofing business is located in the Chicago Suburbs and still going strong. Since its establishment, The Company has been able to grow and change with the times. It offers a variety of roofing services but specializes in tear offs. Customers already have jobs booked for 2019. The Company also offers a few seasonal services such as snow plowing and salting during the winter months.
The Company’s experienced team of roofing technicians and shinglers is fully equipped to service most roofing types including copper and artificial tile. Each employee has worked with the Company for over 3 years with very little turnover.
This Business is completely turn key and a new owner would be in an excellent position to keep things running smoothly with the business systems that are all ready in place.
Interested buyers are required to execute an electronic NDA and provide a LinkedIn profile or resume prior to the disclosure of the name and location of the Company. Please call Jim Peddle at 312-525-9622 or email at firstname.lastname@example.org.
About the Business
Number of Employees:
Building Sq. Ft.:
The Company operates out of two locations. One is the current owner’s home office and the other is a 900 sq/ft shop with customer parking that the sellers rent from a third-party landlord.
The Company's primary competitors are other roofing contractors within its territory. However, none of them have the longevity and adaptability that the Company boasts.
Growth & Expansion:
A new owner has an excellent opportunity to expand the marketing for the Company. Many of the marketing channels all ready in place are perfectly functional but need to be updated or used more often. A new owner could also add more print advertising channels, such as construction and home magazines and journals. There is also room to expand other parts of the business to continue to break into new markets.
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.