Asking Price: $405,000 Gross Revenue: $371,159Cash Flow: $202,507 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $150,000 included in asking priceReal Estate: $325,000 not 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 is an outstanding service business. This 13+ year old business is a customer-focused commercial and restoration company. Their work involves water, fire, and storm damage restoration in addition to mold remediation and cleaning services for both residential and commercial customers. They have an amazing reputation throughout southern Colorado and their work is outstanding as if the damage never even happened. They have an A+ rating from the Better Business Bureau. This company also owns their own 5,000 square foot warehouse and work facility.
This company began operations in 2004 and was started from scratch by the current and only owners and continues through current date. Sales have remained steady with 2016 showing a substantial increase.
About the Business
Number of Employees:
There currently is no lease on the property as the sellers own the real estate. They will consider a lease rather than a purchase if the new owner thinks it would be more desirable.
Growth & Expansion:
This is a low-cost established business with an excellent reputation in the area. They take pride in servicing a growing and loyal customer base by offering quality service.
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.