Asking Price: $900,000 Gross Revenue: $1,982,089Cash Flow: $514,662 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $125,000 included in asking priceFF&E: $10,000 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.
Drywall & Stucco company doing mainly commercial business "some residential" in all of South Florida. Most of the work is subbed out which makes running a multi million dollar business more manageable. You can make this business what you want, there is so much business in south Florida alone to keep you busy 7 days a week. All of the owners contacts will be shared and he will introduce you to the clients and subs. The office is being ran out of a leased space "which is transferable" in Port St. Lucie, but can be ran from anywhere. Some of the big contracts that the owner has is WaWa, CVS, krispy Cream, and more. Currently has over 2 million in projects not even started yet! Wants new owner to take advantage of the contracts coming in. You only need a stucco license to run the business, It takes a few weeks to obtain. The owner will stay on board to make sure there is a smooth transition. He is also willing to sign a non compete!!
About the Business
Port Saint Lucie, Florida
Number of Employees:
Building Sq. Ft.:
$1,300.00 Per Month
Has a leased office space, has a storage space for the equipment
There is so much business in the Stucco business that it will keep you as busy as you want to be. There really isn't competition with this company because it's so well known in south Florida.
Growth & Expansion:
Plenty of room for growth. Wether you want to make a profit of $600,000 or $2,000,000 it's up to you. It is very possible to make a profit of that much!!
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