Asking Price: $1,950,000 Gross Revenue: $3,678,600Cash Flow: $546,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $23,000 included in asking priceFF&E: $325,000 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 electrical contractor has been in business for 10+ highly successful and profitable years and has a premiere reputation. Employees are tenured and leadership is in place for an easy transition for a new owner. The owners have prepared the business for sale with good management practices and training of their staff. The skill set of the employees, good project management and outstanding reputation with general contractors allows them to bid and win a wide array of job types from service, new construction and remodel sectors as well as service and installation of switching and instrumentation control systems.
A seamless transition and ample training is expected from the owners for all products, services operations, business systems, sales and marketing. This is a great opportunity for an experienced manager, someone with an electrical or mechanical background or a strategic buyer who wants to grow their business.
For more information, contact Steve at Apex / 913-815-6048.
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.