Due to no fault of seller, this dealer is back on the market. Financing fell through for previous buyer.
This is an incredibly rare opportunity to acquire the most sought after dealership territory in the nation for this particular line! Because of their high growth and demand, seller is willing to be creative in their structure understanding the need for a longer transition, along with earn-outs and some owner financing to prove out what's upcoming.
2016 already has over a million and a half booked with large commercial contracts in place.
All work is subcontracted so there are very few employees.
This is a tremendous opportunity!
About the Business
The office space is owned currently, and seller is negotiable to either sell or rent the space to a potential buyer. It's approximately 1,000 square feet with multiple offices.
There are less expensive contractors out there, but this company is top notch in professionalism. They have an excellent reputation with customers and the better business bureau.
Growth & Expansion:
High growth is on the horizon. Long term large commercial contracts are in place, along with they are growing into new licensed and exclusive territories. They've beat out other national brands because of their known quality.
Seller is committed to ensuring a smooth transition. Because they have an incredible reputation within the regional community, seller is willing to continue on being the face of the company on a contract basis. In addition to the seller, the product manufacturer can also provide support and training. Should a buyer want a creative situation such as a short term partnership (1-1.5 years), the seller is open to opportunities.
As needed by lending institution
Ad Detail Views:
Asking Price: $4,250,000 Gross Revenue: $5,500,000Cash Flow: $1,000,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $272,500 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.
Exclusive Territory Dealer/Contractor (temporarily on hold)
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
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