Asking Price: $1,200,000 Gross Revenue: $1,512,674Cash Flow: $268,857 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
The most compelling evidence of this well-established company’s reputation is that its growth has been driven solely by referrals and repeat business—with no advertising. In addition to being directly engaged by owners of some of the most luxurious properties in the New York metropolitan area, the company is regularly tapped by prominent architects and interior designers, as well as top-tier general contractors, to contribute to their clients’ new construction and renovation projects—which may entail budgets of several million dollars. The company’s craftsmen are highly regarded for their expertise in hand stenciling, faux marbling, and the restoration of antique wall coverings, and in using glazing, gilding and polishing techniques to refurbish woodwork and cabinets. After completing a project, the company is often engaged to perform periodic maintenance on their original work. Since many clients own multiple homes, an initial project at a client’s primary residence may lead to a contract at one of their other properties. The most valuable asset the buyer of this business will acquire is a stellar brand that has been built over many years, and which should continue to generate strong repeat and referral patronage from its large base of highly discriminating property owners and preeminent design professionals.
High-End Residential Painting and Restoration Contractor - NY Metro
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