Asking Price: $595,000 Gross Revenue: $1,292,741Cash Flow: $204,192 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $75,000 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.
This locally owned plumbing company is well respected in the markets it services. The company was founded in 2013 by three partners, two of which remain active in the business today. Through their guidance and leadership, the company has continued to grow and increase its profits to their current levels.
The company services the Charlotte and surrounding areas at a reasonable price with customer satisfaction as its top goal. They handle residential plumbing, remodeling, replacement or repair jobs. Perfect company for an add on to an existing plumbing or HVAC company or somebody looking to get in to business on their own.
About the Business
Number of Employees:
Building Sq. Ft.:
The company is leasing the office and storage space consisting of 800 square feet with lease lasts until mid 2019, but can easily be extended. Plenty of parking for trucks.
The owner is COMMITTED to a transition period that works for all parties to ensure a smooth transition and retention of clients. The owner is prepared to keep his license in the business until a new owner has the appropriate certification from the state. By law, they will need to be a W-2 employee to keep the license with the new entity.
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.