Asking Price: $265,000 Gross Revenue: $437,654Cash Flow: $81,353 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $24,000 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.
Feel good about what you do everyday!
Helping the senior community and the disabled become more mobile. This business specializes in the home accessibility market selling/installing stair, wheel and vehicle lifts, along with ramps, lift chairs, and full size scooters. Great reviews and referrals throughout the New Jersey market.
2 service locations in both Northern and Southern NJ. Real Estate is available in the South Jersey location for an additional $125K. Don't miss out on guaranteed stable income opportunity!
About the Business
Number of Employees:
2 Locations to cover the whole NJ market. Northern NJ showroom and service warehouse in Southern NJ that is also for sale for $125K. Low rent and easily relocatable anywhere in NJ to make it convenient for new ownership.
Competition has been pretty steady since inception. We have an advantage because of our warranties for all sales and service. The industry has been steadily growing as the baby boomer market has aged and want the ability to stay in their home and be mobile.
Growth & Expansion:
Business is growing and tremendous opportunity over the new few years as the senior demographic continues to age. This business is in great position to take advantage of the market. An experienced corporate professional will have the skills necessary to handle the growth.
Owner is selling to pursue a new venture but will stay on to transition.
Will train for 2 weeks @ $0 cost. Specialized niche in home accessibility for seniors and disabled. Key product lines for lifts, scooters, and ramps. General Contractor license is all that is required. Full NJ/NY territory rights.
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.