Asking Price: $132,000 Gross Revenue: $144,987Cash Flow: $66,076 (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.
WOW what 28 years looks like! Founded in 1991 this HVAC company has evolved with the times. As you can only imagine the changes the business has seen, but now it’s time for retirement; he wants to hang his tools up and visit the world. He is extremely knowledgeable and will train someone and hand to hand introduce people, depending on what the buyer wants. He has worked hard and long to build an honest and strong reputation and the repetitive nature of his work shows. He has company life long customers that are still with him today. He maintains a couple of commercial properties exclusively and that would go along with the sale. He has copies of the original contracts he signed with these people and will pass it on. This might be a great purchase for someone trying to strike out on their own, setting themselves up with established client base. Or maybe you have an existing business and want to take advantage of his customer list. Whatever the case, he is happy to move on and promote a new face. It takes years to build a superb reputation in the trades and if you are trying to win over customers yourself it isn’t all that easy, a stellar reputation is worth its weight in gold. Now is the time of year to jump on this.
You must have a contractor’s license to operate this business. Let’s get you signed up to sign and NDA and then let’s talk.
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