Asking Price: $2,699,000 Gross Revenue: $9,000,000Cash Flow: $1,000,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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 highly profitable company does commercial and public works construction that specializes in general contracting, structural and non-structural concrete and masonry. The company is well established and does not have to market to get new clients. Sales have increased by 95.6 % from 2015t o 2017 and are projected to continue to increase from 2017 to 2018 based on the current backlog. The company has approx. 30 employees and the key employees have been with the company for many years. A new owner with additional working capital could grow the company significantly more. Seller would consider staying on with the right buyer, and would also be willing to finance a significant portion of the purchase.
Approximately $9m in current backlog. Projected adjusted net income for 2018 over $1M on an accrual basis.
Numbers for gross income and net income in this listing are projected for 2018 based on current backlog. All numbers are on an accrual basis.
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or stake in the sale of this business and has not verified any of the information
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