Asking Price: $450,000 Gross Revenue: $583,407Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $500 included in asking priceFF&E: $4,000 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.
This cleaning service works exclusively new home builders. They provide one of the finishing touches before a home can be shown and sold. Quality work and reliability are absolutely essential. This business has developed the relationships and proven itself to be dependable under the most challenging circumstances.
Cleaning sounds like a commodity business in which the guy (or gal) with the lowest price gets the job. This is definitely not the case with homebuilders. Homebuilders have a million things on their mind. They don’t have time to babysit their cleaning service. They want a professional job done on time with no need for callbacks.
Although this firm is one of the largest cleaning services specializing in new home construction, they have a small share of the market. The business is ideally suited for someone to build on its strong foundation and really grow the business.
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or stake in the sale of this business and has not verified any of the information
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