Asking Price: $299,000 Gross Revenue: $245,922Cash Flow: $105,829 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $9,000 included in asking priceFF&E: $76,000 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 profitable electrical company in Southeast GA services a niche market and has no significant competition with in 50 miles. Specializing in sign and outdoor lighting repair and maintenance, the company has been in business for 29 years.
They work with all kinds of commercial lighting, including parking lot lighting and LED conversions. They also provide sign cabinet and pole painting, exit and emergency signage, and risk management notification.
Think big and don’t listen to people who tell you it can’t be done. Life’s too short to think small. Tim Ferriss
About the Business
Number of Employees:
This home-based business has very low overhead and can be relocated anywhere in Southeast GA. All that is needed are parking for the truck/lift and about 500 square feet of storage space for inventory.
Virtually none in the area. Local electrical vendors do not specialize in repair and maintenance, nor do they offer the additional services provided by this company.
Growth & Expansion:
Due to the owners’ health the company has been forced to decline a significant amount of work, causing it to run at less than capacity. You the ambitious new owner can easily tap this backed-up demand as well as the unmet need in the region for repair and maintenance services.
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.