East Coast forklift parts and electric motor repair company with multiple locations. The company has achieved consistent and steady growth throughout the years with current annual revenues in excess of 7M. Sales continued to grow during the last economic decline demonstrating the ability to prosper during a recession. This company has been profitable every year since it's inception making it an outstanding opportunity as a stand alone business or an add on to a company currently in the forklift or B-B arena.
PRINCIPLES ONLY REPLY
About the Business
Number of Employees:
State of the art with strategic locations.
The company's owner has designed and built the company to compete in the marketplace providing exceptional service and strong backup for product lines.
Growth & Expansion:
Servicing a list of high profile nationally known accounts the owner has not aggressively pursued available business expansion or adding new accounts. Business is postured for easy and rapid expansion within the current marketplace.
Owner is willing to give any support needed to assist in a smooth transition to new ownership
Ad Detail Views:
Asking Price: $4,600,000 Gross Revenue: $6,800,000Cash Flow: Not DisclosedEBITDA: $1,100,000Inventory: $400,000 included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
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.