Asking Price: $650,000 Gross Revenue: $1,178,856Cash Flow: $204,974 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $21,000 included in asking priceFF&E: $365,076 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.
This business was started by the owner 30 + years ago and has thrived ever since! Last year has been the best financial year yet! Very profitable and owner friendly! The owner owes nothing on the business. Everything is completely paid for! Owner takes 50-75 K salary (not included in the Net). Incredible opportunity with a large expansion possible! A wide range of territory on the eastern shore of MD/VA/DE. The business specializes in custom in-ground concrete pools but also handles vinyl pools and patios. The owner has implemented very high standards to help with the quality of work and it has greatly showed! Constantly receiving good feedback from past clients on their work. Large growth can be expected for the upcoming years. Customer lists, contact information, job details, sales leads, and histories are to be included in the sale of the business. Owner can stay on for 2 weeks to help train and transition smoothly. For any more information feel free to call! This business won't last!
About the Business
Number of Employees:
The business has 2 warehouses both in good condition. Property has a rental on the property for added income. Minimal inventory on hand. Supplies ordered as needed for jobs.
Growth & Expansion:
The owner has a great relationship with surrounding companies. possibility of 100-150 extra pool installations if new owner wants to expand. The current owner is turning down these extra leads due to the maintaining mindset (rather than expanding). These 100 + installs can greatly increase sales and net profit! Give me a call for more info!!
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