Asking Price: $550,000 Gross Revenue: $2,099,541Cash Flow: $506,287 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $100,000 included in asking priceReal Estate: $250,000 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.
Jacksonville based Electrical Contractor with all most 4 decades of experience. Operating in the SE United States - serving primarily Federal, Military and Commercial clients. Sales and profits up for latest financial year (June 2016 - May 2017). Financials for latest year based on preliminary P&L. Real Estate is available for sale. Seller willing to remain and qualify buyer. Non Disclosure Agreement and Financial Statement required.
About the Business
Number of Employees:
Building Sq. Ft.:
720 ft building and land available for sale
38 year old well respected Electrical Contractor. Revenues and profits are soaring.
Growth & Expansion:
Younger and more energetic owner could benefit from reputation and continue the businesses growth. Seller willing to remain for long period. Near retirement age and wants to shed ownership duties.
The information on this listing has been provided by either
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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.