Asking Price: $1,390,000 Gross Revenue: $6,000,000Cash Flow: $670,000EBITDA: $520,000Inventory: $2,000 included in asking priceFF&E: $160,000 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.
Full service electrical subcontractor specializing in high-end residential remodels and private commercial jobs (wineries, banks, government, retail) as well as automation and green solutions. 2019 ON TRACK FOR $6M REVENUE AND $675k SDE with over $7M signed Work in Progress, and new bids coming in for 2020, this highly streamlined operation has a strong track record of delivering superior craftsmanship and exceptional customer service.
A competent and motivated workforce includes California State Certified Journeymen, a cross-trained, strong management team and a culture focused on the highest standards of professionalism. The owner is very motivated to sell so he can focus on his other 2 businesses.
About the Business
Sonoma County, California
Number of Employees:
Building Sq. Ft.:
$4,600.00 Per Month
Nice office and shop centrally located. Could eventually be relocated
The Company’s strong reputation, complex project expertise and an elite certification for lighting & energy control, sets it apart and enables the firm to operate on a referral only basis and win >40% of bids.
Growth & Expansion:
By leveraging its documented processes and Bay Area demand, this operation is highly scalable and on track for 15-20% growth, year over year. Other opportunities include the addition of a service department for both commercial and residential as well as organic geographic expansion.
Motivated to focus on other Business Opportunities
Seeking industry firm, or individual with electrical and/or construction expertise to carry on the excellent reputation and continue servicing clients. Owner is motivated and willing to stay on in the capacity needed post-close, including as an RME (although another candidate exists on staff) or in a consultative role to ensure a smooth transition.
SBA available & some seller financing for qualified buyer
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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
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