Asking Price: $159,000 Gross Revenue: $261,931Cash Flow: $65,983 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $32,000 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.
A lender has offered to finance 100% of the purchase price for borrowers who have a 680 or better credit score. This means all you need is some working capital to be the owner of this business.
This Company installs equipment that helps people achieve greater quality of life in a high margin business with excellent growth potential! This business provides and installs mobility equipment that can help aging Baby Boomers, who value their independence, to stay in their homes longer. Some 70% of seniors who wish to remain in their homes will require some sort of mobility assistance to do so. The business is also a strong player in the installation and preventative maintenance markets for lifts in medical facilities in New Mexico and is affiliated with leading brands of mobility products. Increased emphasis on worker safety in medical facilities, due to concern over injuries from lifting and moving patients has led to directives that encourage or require lift systems in medical facilities.
This business has multiple streams of income including design and installation of equipment in medical facilities, public buildings and residential markets, and a growing book of preventative maintenance contracts with commercial and medical facilities.
Additionally, the Company installs in residences stair climbers and elevators.
The Company installs the top equipment in the market place and has a preferred relationship with the manufactures of this equipment.
It’s important to understanding gross revenue that it includes only installation service costs and not the cost of the equipment being installed. The manufacture of the equipment sells it directly to the customer. This reduces the cost of inventory to just some spare parts. Also, the working capital required for this business does not include the cost of accounts receivable for the equipment part of the business.
Sub-contractors are used on an as needed basis to provide the installation. The Company has several skilled and well trained sub-contractors to call on for jobs.i
Because the company installs the equipment under the manufacture's training and instructions a contractor's license is not required.
In August 2018 an additional van was added to have two service vehicles.
About the Business
Albuquerque, New Mexico
Building Sq. Ft.:
$950.00 Per Month
The 1,500 SQFT facility is leased on a month to month basis. Additionally in 2018 part of the space has been sub-leased for $600.00 per month
There is completion but this company enjoys a high reputation for being the best. Also, the company has a preferred relationship with some of the better equipment manufactures.
Growth & Expansion:
There are many growth opportunities for this business. The residential market has not been pursued aggressively. Also, the seller has decided not to travel much and there is more work available in other locations than what is being accepted.
The seller wants to pursue other business interests.
The seller wants the buyer to be successful. The seller will provide reasonable training and support. Additionally, the manufacturer of most of the equipment requires training at their facility for its installation companies.
Some seller financing is available to qualified buyers
Installation Of Medical Lifts, Home Elevators, Stair Climbers And More
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
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