Asking Price: $2,009,954 Gross Revenue: $2,273,551Cash Flow: $530,657 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $40,000 included in asking priceFF&E: $300,000 included in asking priceReal Estate: $1,800,000 not 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 company, established in 2000, is in the suburbs of Chicago. They provide services such as: application of corrosion resistant linings and coatings, painting, lining inspections and repairs. Customers include valve manufacturers, water treatment companies, tank trailer carriers, and electroplating companies. They have maintained a loyal and consistent customer base including recurring revenue customers and contracted customers. The company is equipped with long-standing employees with a wealth of experience and knowledge for the industry and on site facilities for production, warehousing, and office duties. Since their start, they have become the best professional source and have built a strong reputation as the premier lining & coatings business in the Midwest by providing high quality and consistent services. Management is willing to stay for a period of time after the purchase to insure that the transition is mutually beneficial to both parties. High Barrier to Entry.
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