Asking Price: $3,000,000 Gross Revenue: $2,034,000Cash Flow: $865,800 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $275,000 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 great opportunity to take over a 34-year-old metal polishing and finishing company that services the Chicagoland area. The company has a great reputation and has done very little advertising in the last five years but sales continue to grow. The founder and current CEO is now ready to retire. A new owner will step into a very well established and highly profitable business with all the customers and seasoned staff in place. This business is located in the NW suburb of Chicago. If you are looking for an established business with long-term clients, long-term staff and Great Cash Flow, inquire today as this business will sell fast! This business has been pre-qualified for SBA financing.
Highly profitable 34-year-old metal polishing company
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