Asking Price: $639,000 Gross Revenue: $755,445Cash Flow: $235,392 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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 well-established, highly profitable moving and delivery business, with an excellent reputation and an outstanding online presence. The company has experienced remarkable growth over the last three years, focusing on point-to-point moves within the metropolitan area.
The ability to provide bids for service 24/7 thru a brand new unique software is the hallmark of this company’s success, and the model could easily be expanded with additional locations.
The condition of the trucks is outstanding, the costs are kept under control, and the books are in very good order.
Seller Discretionary Earnings as of October 31 are $374,958 and are expected to continue growing until the end of 2018. This business is priced at $639,000 and is SBA pre-qualified with 25% down payment.
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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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