Asking Price: $239,000 Gross Revenue: $506,000Cash Flow: $148,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Established in 1991, our asphalt sealcoating business services the north and northwest suburbs of Chicago. We are excited to present you with this opportunity to step into the ownership role of a well established company, that has a 25+ year history of incredible financial results. This business is ideal for individuals looking to operate an already HIGHLY PROFITABLE business. This is a turn-key operation that brings in $150,000 in PROFIT in a 7 month season (April through October). Specific business details regarding profitability, operations, and marketing strategies will be shared upon inquiry with qualified potential buyers.
Contact: Aaron ----- Email: email@example.com
About the Business
Number of Employees:
Included in the sales price are all physical assets, supplies, and inventory at the time of sale. A detailed list can be provided upon request. A general description of the assets include: The 2 sealcoating trucks, 3 pick up trucks, 2 striping machines, power sweeper, 6 portable crack melters, 20 foot walk-in storage container, 6,000 gallon sealer storage tank, job site cleaning equipment, computers, client database with 25+ years of client records and pricing, etc.
The Chicago market benefits from a variety of factors, including large public budgets for sealcoating expenditures, a large pool of wealthy clientele, and an ideal geographic region to commence operations. The services we perform include: sealcoating (residential and commercial), crack repair, pothole repair, and parking lot striping. We have created a niche in this market by providing customers with quality that is unrivaled by our peers. Our reputation has earned us 'Preferred Contractor' status by the largest supplier in the northwest Chicago suburbs.
Growth & Expansion:
As a result of the high quality of services we provide, there has been a significant increase in demand and profitability. The demand for our services is very high relative to our peers. We are in excellent financial standing with our suppliers, thus, giving us preferred pricing on our materials and equipment. Specific details on growth and expansion of this business will be shown to perspective buyers.
The owner has minor health issues and wishes to retire and move out of state.
To ensure the success of the business, the owner is willing to stay on and help the buyer (at their request). Owner will train the buyer on all aspects of the business until the buyer is substantially prepared to run operations. Owner will also introduce buyer to larger suppliers and major clients to make sure important relationships are maintained in the transition.
The owner is open to discuss reasonable financing options with the buyer.
Established Asphalt Sealcoating Business - Highly Profitable
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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