Asking Price: $500,000 Gross Revenue: $755,261Cash Flow: $201,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,920 not included in asking priceFF&E: $54,640 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 has been serving the local market for almost 50 years installing, servicing and maintaining residential and commercial HVAC equipment. The business was founded and run by family until its sale to the current owner/operator.
37% commercial install, 30% residential install, 29% service, and 4% maintenance agreements. Published reports estimate growth in the 25% range over the next five years.
The owner works approximately 20 hours per week and believes that the business could be run absentee with the right manager/technician. An add back of $37,500 has been made to adjust owner hours to 40 hours/week.
Inventory is not included in the asking price. Inventory, which includes primarily coolant, fluctuates over the course of a year and will be sold at cost anticipated to be less than $5,000.
About the Business
Four Oaks, North Carolina
Number of Employees:
Building Sq. Ft.:
$1,400.00 Per Month
The business is operated out of a small office and separate home office with a warehouse for tools, service parts, equipment, sheet metal, metal fabrication equipment, records, etc.
Reputable competition exists, but most competitors are one man and a truck competing primarily on price. This company is not the least or most expensive in the market and has loyal clients. This business is known for being on time, doing quality work at a fair price with a repair guarantee.
Growth & Expansion:
New owner could jump start new business growth by engaging on social media. The business has not launched indoor air quality products such as UV lights, electrostatic filters, HEPA solutions etc. New owner could also expand into internet enabled thermostats, home integration and customization. Owner could hire an outside sales professional and/or work a full 40 hours/week.
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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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