Asking Price: $500,000 Gross Revenue: $1,833,965Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $500,000 not included in asking priceFF&E: $185,000 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.
Fantastic opportunity to own a very successful Tooling and Small Engine Distributor. This business supplies hundreds of manufactures all over the country, and is very well run. They distribute for different companies, such as Sumitomo Electric Carbide, Tungaloy America and Ingersoll Cutting Tools, to name a few. There are also different strategies to expand their customer base across the country. The current owners have not put those in place because they are looking to retire, but they are willing to share those plans with the next owner. All company vehicles will come with the sale, and the owners of the business are willing to stay on for a period of time to ease the transition with the employees and clientele. They may consider staying on permanently as employees. They are also willing to Owner Finance part or all of the inventory to the right buyer. There is an option to purchase the property, so call the broker for more details on this turn key business. Please call 1-877-735-5224.
Distributor for Tools in Mercer County, WV - 30339
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