Asking Price: $351,000 Gross Revenue: $286,763Cash Flow: $103,484 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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 is a growing and dynamic miner safety business for sale. Located near leading gold mining companies in a leading gold mining state, this operation has the best interests of their customers at heart. Providing comprehensive services for miners gives this business an advantage over their very few competitors. With the addition of staff, the growth potential for this business is great.
Services include surface and underground miner safety classes, respirator and spirometer fit testing, audiometric testing, as well as first aid and CPR instruction. Mine related services account for 90% of overall income. With a focus on ease, convenience, and miner needs, 75% of business is from returning loyal customers.
Classes are offered in 12 hour shifts to accommodate the typical mining schedule. Around 40% of students have testing done while in class. This company also accommodates group instruction and testing by contract with large mining corporations.
Instructors of the mine safety classes must be a current or former miner. The current owners are also sole operators, with the exception of 2 part-time staff brought on for large contract work. The owners’ responsibilities can be assumed by a qualified teaching candidate and an administrative hire. Owner 1 is an instructor and owner 2 handles all administrative tasks as well as industrial hygiene testing. All curriculum is in place for the new buyer.
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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
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