Asking Price: $2,799,000 Gross Revenue: $1,335,982Cash Flow: $787,023 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $250,000 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.
Well established floor specialties service business. Strong repeat and referral customer base (over 90%). Very easy to run and manage. Owner is divesting to focus on other unrelated business. Service area could be expanded as they turn down work. Almost no commercial jobs.They focus on high end residential. Strong financial history, good books and records. Little to no overhead. Financials show as a fully absentee business, replacing the owner's son who is running the business as the manager/lead estimator. 2019 already projected to supersede 2018 by 10+% Please refer to listing number 6401-808209 and advisor Erin Bean when inquiring.
About the Business
Indian River County, Florida
Number of Employees:
Building Sq. Ft.:
$750.00 Per Month
Lease/Month: $750, Square Footage: 700, Building Type: Lt Industrial Terms & Options: New Lease Expiration Date: 11/30/2019
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