Asking Price: $5,500,000 Gross Revenue: $7,800,000Cash Flow: Not DisclosedEBITDA: $1,450,000Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $6,000,000 not 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.
Respected name in the steel industry going back multi generations.
This niche distributor and fabricator of multiple applications in the Elevator and Construction Industries, is strategically located near the hub of NYC.
They can handle immediate delivery and fabrication within 24 hours and have HIGH demand in the entire Northeast Corridor, due to minimal local competition.
The company provided supplies to almost all NYC high rise buildings, including The Empire State Building, the Freedom Tower, and the Second Avenue Subway Line to name a few. Currently, they are involved with The Hudson Yards Development and 4 WTC.
This business fares well during recessions. Pre-qualified for SBA 7a and 504 loan.
Total: $5.5mm for the business + 1.2mm for inventory + 6mm for R.E. = $12.7mm
About the Business
Number of Employees:
Building Sq. Ft.:
Stand Alone Buidling $6,000,000 - For sale, 40,000SF warehouse on major local highway. Dual zoned commercial and residential. Clean EPA report.
Fabrication and Distribution of Elevator Supplies - Highly Profitable!
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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
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