Asking Price: $170,000 Gross Revenue: $308,220Cash Flow: $85,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,200 not included in asking priceFF&E: $45,000 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.
Incredible opportunity to own an established plumbing company serving the Northern VA market. The company has carved a niche for itself by providing installation and repair services for residential hot water heaters. The owner has done an incredible job building the brand and reputation in the local market that has resulted in many repeat customers and referrals. In addition to providing high quality services they also deliver top notch customer service and extremely competitive prices.
There is great growth potential for the business if the new owner wants to expand their service offerings to commercial clients as well as new construction and remodeling services. The business is home based and is completely turn key for a new owner to make money from day one with all of the tools, equipment, and a newer truck. The ideal buyer should hold a plumbing license and a contractor’s license (Class C), but it isn’t required - they would just need to hire someone with the necessary licenses. Don’t let this opportunity pass you by and contact us today!
Standard competition from general plumbing companies. The company serves a niche market by specializing in the installation and repair services of residential hot water heaters. Their customer service and pricing set them apart from your typical plumbing company.
Growth & Expansion:
Lots of opportunity for growth if a new owner wanted to branch out and offer services for commercial customers as well as adding other general plumbing services including new construction or remodeling for residential and commercial clients.
Established Water Heater Installation & Repair Company
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