Asking Price: $495,000 Gross Revenue: $675,000Cash Flow: $200,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $150,000 included in asking priceFF&E: $249,000 included in asking priceReal Estate: $650,000 not 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.
Highly Motivated Seller! This profitable plumbing, heating and air conditioning business has served their area for 28 years. They are a full service organization, with the owner holding Master’s Licenses to provide heating & air conditioning, plumbing, electrical and well services and is certified to work with gas systems as well. They are considered the region's “One Stop Supplier” for all services noted and provide 24 hour, 7 day a week coverage for the surrounding counties. They are the company that is called when fast, reliable and quality service is required. They also carry an extensive inventory to ensure quick response when repairs or replacements are needed.
About the Business
Building Sq. Ft.:
The business is located on a major thoroughfare in Central Virginia. The location consist of a remodeled office building with three offices, small kitchen and two bathrooms. The warehouse consist of 2,000 sq ft of racked storage area, a small office and two bathrooms. The two buildings sit on a 2 3/4 acre lot with ample parking for employees and customers.
This business is considered to be the "Regional One Stop Shop" for plumbing, heating, air conditioning, well work and gas and has provided superior service to the surrounding residents, businesses and municipalities they serve.
Growth & Expansion:
The number one method of growing is to expand the number of teams serving the area, as the current owner turns away work due to lack of labor.
The current owner has a Master's license in HVAC, Plumbing, Electrical, Well and Backflow Prevention. He is willing to provide four weeks of training in the asking price and is willing to discuss a longer transition if needed. The current owner is willing to discuss a long-term support structure if needed at a mutually agreement compensation.
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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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