Asking Price: $1,600,000 Gross Revenue: $1,500,000Cash Flow: $460,318 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $1,000,000 included in asking priceReal Estate: $200,000 not 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.
Our client Company is an award winning and rapidly growing Northeast based Metal Finishing & Coating Manufacturer. The Company has experienced dramatic year-over-year growth as the founder continues down a path of continual improvement and investment, even on the approach to retirement. The Company has recently achieved their AS9100 certification and made major upgrades to their metal finishing lines. The Company serves a variety of industries including aerospace, military, electronics, firearms, HVAC, automotive, agriculture and other OEMs. Additionally, the Company has been working with some national, publicly traded companies on proprietary coatings to provide their products with superior durability and enhanced function. The Company is also working on product development with a well-funded medical instrument startup.
About the Business
Oneida County, New York
Number of Employees:
Building Sq. Ft.:
The Company operates out of a 14,000 square-foot facility on over 5 acres. The facility is owned by the founder under a different corporate entity. The building is available for purchase at $200,000 or for lease at $3,500 per month triple net. The owner’s strong preference is to sell the building with the business. The building was recently appraised at $210,000.
The Company has only a few regional competitors who are larger than they are. However, the competitors’ large size makes them awkward and unable to respond to the customer’s need for speed. Through servicing this need while maintaining quality and a willingness to act as an R&D arm to the marketplace, they’ve found their niche and experienced steady growth. Gaining market share should be relatively easy for someone with a marketing and business development background.
Growth & Expansion:
The company has a strong management team and excellent systems in place. The founder has gone to great lengths to ensure that an acquirer will not have high capital expenditure after taking over the business, as most equipment has only recently been put into service. Having built relationships by acting as an R&D arm to major corporations, the founder has “loaded the bases” for the next up at bat.
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.