Asking Price: $315,000 Gross Revenue: $601,175Cash Flow: $133,323 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $35,000 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.
This great business is run from the office with workers in the field. Owner has been getting new accounts over the past few months. This is a commercial and residential cleaning company that services the Philadelphia metro region as well as parts of the Jersey shore. They clean homes, rental properties, apartment complexes, offices and warehouses. With more attention to an advertising campaign can help grow this already successful business even more. Seller willing to offer 50% of the sales price in seller financing for 5 years at 6%.
About the Business
Burlington County, New Jersey
Number of Employees:
2 FT / 30 PT
Stand alone building.
Growth & Expansion:
Website is relatively new – using SEO would help boost business. Driving traffic to review sites to garner positive reviews and additional direct to consumer marketing with local home magazines and websites could also drive residential business growth. Commercial revenue can be increased by taking advantage of a larger geographic area with existing contractors or also by contacting new contractors in area and qualifying as a sub.
Will train for 4 weeks @ no cost The owner would primarily be involved in the administration of the business. Payroll, finance, scheduling, hiring/firing, general office management are all that is needed.
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