Asking Price: $495,000 Gross Revenue: $3,500,000Cash Flow: $273,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed Real 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 purchase a longstanding, profitable, and growing business in a growing industry at a great price. Company is a single source provider of hardware, software, networking gear and virtually all supplies used in computing and imaging. They partner with the world's leading technology companies to provide cutting edge IT solutions.
This operation is ideal for a company that is in IT/Technology Services business which wants to add hardware and software sales and maintenance to its service platform. Additionally, the business is also the perfect opportunity for any interested buyer to make their way into the Computer -Software-Maintenance industry. Owner will offer an extensive transition plan. Their business model is turnkey and well documented.
The Company has excellent reputation in the industry which allows it not to have to compete on price only. Their largest client is deeply imbedded with their operations and relies on the Company on many fronts likely to be retained as a long term customer.
The Company's mix of products allows then to have consistent financial performance every year with average annual revenues well above 3.4 million. Their long term projects pipeline for 2018 and 2019 are already in excess of 2.3 million with some recurring revenues. The 2020-2022 pipeline projections also look impressive.
This is a confidential listing. All inquiries will be expected to complete a nondisclosure agreement, buyer profile, and provide a qualification letter from a lender or proof of funds if cash purchase.
About the Business
Number of Employees:
The company is headquartered in Maryland and operates from a leased office facility close to main clients. The lease is very reasonable and will expire in 2019 and can be renewed. The sale includes all FF&E, website, domain, inventory, computers, office furnishings, storage, and the company truck.
This is a competitive industry but they consistently achieve excellent results mainly due to their industry reputation and high level of service
Growth & Expansion:
The retiring owner is willing to stay on for a reasonable period of time to facilitate a smooth transition. The growth opportunities are explored in the Confidential Business Report which will be shared with qualified buyers.
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
full Terms & Conditions.