Asking Price: $7,600,000 Gross Revenue: Not DisclosedCash Flow: $697,658 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $7,600,000 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.
This is a commercial / light industrial business park where tenants use the units for various purposes including distribution, small manufacturing or machining, installation services, repair services, contracting offices, warehousing, storage, sales offices, etc. This is a real estate opportunity as far as major long-term income generating assets are concerned, but from a cash flow standpoint this is primarily a property management business with income generated from the unit rentals. There are several buildings that are single or multi-tenant units of various sizes as designed for rental purposes. The rent has not been increased at all over the year on any units to our knowledge so that is a huge upside for a new owner to phase in a significant increase over time with an already extremely profitable income producing business park. The units are fully occupied now and have been consistency since the development of the business park started in the mid-late 1990's.
$697,657.80 is an annual cash flow (SDE) or true owner benefit average over the last two years.
All financial numbers subject to change if/when any new information becomes available and subject to full review by a buyer or buyer group during the appropriate due diligence process in the post offer acceptance phase.
About the Business
Number of Employees:
Building Sq. Ft.:
The land area is approximately 11.72 acres.The improvement size is approximately 154,610 sq ft.
Nothing of this exact size, scope, location.
Growth & Expansion:
There remains some open area of perhaps one acre that can still be developed for addition expansion.
Location, Location, Location... Fully Occupied Business Park
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.