Asking Price: $14,000,000 Gross Revenue: $14,358,318Cash Flow: $2,464,552 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $251,739 included in asking priceFF&E: $568,700 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.
Started in 2005, the company provides home insulation products for new homes and apartment buildings in the DFW area. Revenues and profits have doubled in the last two years and the forecast for 2018 remains very strong. They work with home builders and general contractors throughout the state of Texas and Oklahoma. Lead generation is build through long standing reputations with the key home builders and contractors in the areas of Austin, Houston, DFW, San Antonio and west Texas. The company currently turns down more work than they can handle. They maintain work forecasts for six to twelve months out. They separate themselves from their competition through the quality of work and consistent high level service.
About the Business
Number of Employees:
56 FT/4 PT
The main offices and warehouse are located in a 26,926 square foot leased facility in DFW area of Texas. The company opened a second location in January of 2016 in the western DFW area of Texas to facilitate growth in the west Texas areas. That is a 8,050 square foot leased facility.
The hot DFW area economy and the growth of other Texas markets with new jobs, company relocations and new home building continuing to grow has fueled aggressive competition for all phases of the home construction industry including the home insulation category. This company maintains it's distinction from competition through pricing, quality and service performed over a long time frame.
Growth & Expansion:
Continued upside revenue and profit growth for new owners can be attained through increased labor and capital investment in equipment and inventory. Current demand exceeds existing company capacity. Current managing partner is willing to stay on under a new owner if the situation is acceptable which will allow for immediate growth impact to new investment.
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