Asking Price: $395,000 Gross Revenue: $993,701Cash Flow: $295,602 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $22,000 included in asking priceFF&E: $15,000 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.
This is a Residential Construction (general contractor) Remodeling Company that handles everything from demolition to project completion and has been awarded a BBB A+ rating. The company specializes in kitchens, bathrooms, new additions, doors, windows, concrete, foundations, tile, flooring, painting and roof repairs. They also handle disaster response and Insurance claims. The business was built on 100% referrals with excellent repeat business. Jobs are located in the tri-county area of Tampa Bay. Products are outsourced from top brand name distributors. This is a licensed, bonded and insured company. A general contractor’s license is mandatory. The Seller has agreed to allow a qualified Buyer to work under his license for a fee if needed. Revenues for 2017 are on track to exceed 2016. See listing agent for details!
About the Business
Number of Employees:
8 FT/1 PT
There are 2 locations. One is a warehouse used to store equipment, tools and materials and the other location is a shared showroom. Both locations are on a sub-lease.
Growth & Expansion:
The business has great growth potential with a marketing plan in place. The current owners have chosen not to actively market the business. 2017 quarterly report is on track to exceed 2016.
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.