Asking Price: $1,250,000 Gross Revenue: $4,000,000Cash Flow: $475,000EBITDA: $475,000Inventory: 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.
Old line well established company that has close General Contractor relationships that call for new and commercial HVAC installations throughout Southern California. Owner's Discretionary Income (ODI) has averaged $475,000 in recent years. The business model includes: (a) an identifiable 'pipeline' of future business; (b) no inventories, (c) no vehicles or heavy duty equipment, (d) recurring revenue from well established general contractor relationships, (e) well trained and skilled employees. Owner will train and transition as he seeks to retire. Purchase price includes $200,000 of working capital and two SBA banks have pre-approved the business subject only to the qualifications of the New Owner. Buyer will need $200,000 down payment + seller will carry $125,000.
About the Business
Number of Employees:
Business owner owns the real estate and will sell, lease or lease with an option to buy all at fair market values. Space is more than is needed for the business and could readily accommodate expansion into providing HVAC service contracts.
Excellent Reputation; Well trained and skilled employees; Strong General Contractor relationships; Strong referral base that generates inquiries.
Growth & Expansion:
Business does installations and when they are completed they are invariably asked if they want to provide service contracts --- and they have always opted to decline as they have not been in that end of the HVAC industry. New Owner doesn't need to get into providing service contracts but it would be a great diversification, if so desired.
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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
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