Asking Price: $1,300,000 Gross Revenue: $1,253,867Cash Flow: $595,401 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: $1,879,476 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.
Beginning operations in 2000, the Company specializes in residential plumbing service/repair along with remodels and new construction. The Company also provides service/repair and replacement along with new installations for hydronic systems. Mechanical piping for LP, natural gas and air systems are also performed. Some light commercial work is performed, but the focus is mostly residential. The Company has excellent customer reviews and a with a loyal and solid customer base.
About the Business
Number of Employees:
7 FT/1 PT
The business is located in property owned by the Company and centrally located in town. The Company leases back the building. The property could be available to purchase or a favorable lease will be made available prior to Closing.
Competitive marketplace but growing and quality shops are not as common. Industry demand continues to grow. According to First Research Reports the industry is expected to grow at a compounded rate of 6% from 2018 through 2022.
Growth & Expansion:
The demand for the Company continues to grow. Although the Company does offer many modern services, the industry as a whole will continue to see additional growth in "green" plumbing, user friendly/wireless systems and water purity/filtration along with continued efficiencies in heating and water systems.
High Profit Residential Plumbing and Heating Company
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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
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