Asking Price: $585,000 Gross Revenue: $2,890,511Cash Flow: $563,072EBITDA: $473,072Inventory: Not Disclosed FF&E: $44,500 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 business is a full service general contracting and construction management firm specializing in high-end home renovations, as well as in the construction of luxury custom-built homes. They have an excellent reputation in the industry for adhering to the highest levels of integrity, for being reliable, and for providing their clients with work of the highest quality.
The company has been in business for 33 years. As such, they have developed a large base of repeat clients. These clients return when they want to upgrade their current homes through renovation or expansion, or when they are in the market for a new custom-built luxury home.
This business brings to the table a well established going concern value, well established operating systems, a proven track record and a proud history of satisfied clients. And it is currently experiencing impressive growth in 2018.
About the Business
Number of Employees:
Consists of an Office and a 1,000 sq. ft. Warehouse. The monthly rent is $800.00.
Competition is not a major factor.
Growth & Expansion:
The business has solid operational procedures in place, enabling it to handle significant growth. The buyer of this business will be able to capitalize on the significant growth opportunities that are available in the current geographic market served by this company, as well as in neighboring geographic markets that haven't been previously pursued.
In short, the demand in northern New Jersey for upscale renovations and for new high-end residential construction is greater than the ability of the marketplace to satisfy it.
The Seller will be willing to stay on for a reasonable period of time to train the new owner in the operation of the business, and to introduce, and help the owner establish relationships with, all the key business associates (suppliers, architects, etc.).
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.