Asking Price: $125,000 Gross Revenue: $350,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $40,000 included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
If you are looking for a Great Opportunity in an Affordable, Beautiful little City, then Campbell River is the place to call home. Campbell River offers all kinds of outdoor activities that you can do all in one day if you wish. We are known as the Salmon Capital of the World and we have many high end Golf Courses and a World Class Ski Resort. Camping and off road vehicle activities are right at your doorstep too. Our service area is from the Comox Valley North to Port Hardy and the outlying areas, and West to Gold River and Tahsis. We are Vancouver Island's, Northern Abloy Protec High Security Dealer. We currently have over 1,000 Abloy Systems in place that we sell and maintain, along with other Security Systems and many Master Key systems. Our latest projects included the New Campbell River Hospital Project and the BC Dam Project. We currently have a few other Large Local projects that we are involved in, along with the day to day commercial and residetial calls that come in constantly. If you've always wanted to own your own business, don't wait, now is the time as an opportunity like this one only comes around once in a lifetime!
About the Business
Number of Employees:
Inventory of approx.$40,000.00 is included in the Sale, along with 2- Fully Equipped Service Vans, many Key Machines, various Locksmith Computer Programs and all the furniture which includes Inventory shelving, a large custom Front Counter, Work Benches, and Office Desks and Cabinets. The business has been in a 1,000 sq.ft. rented space for over 10 years now, renting out at $1,085.00 per month.
Currently there is only one other locksmith business establishment in the city of Campbell River, with a current population of around 35,000.
Growth & Expansion:
The Current Owner has built the business from the ground up and has taken the business as far as they want to go wtih it. There is more room for expansion, if the new owner wishes to, or they may wish to just make a very comfortable living the way it is running right now, with High Profits and Low Expenses.
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.