Asking Price: $5,125,000 Gross Revenue: Not DisclosedCash Flow: $935,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,250,000 not 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.
Ergonomic technology company interested in selling a controlling interest in itself to an investor with experience in getting companies from under ten million to $30 to $50 million in revenue. Company has developed an innovated and patent pending software component that gives it a lead in the industry.
Company’s focus is the business to business furniture market with specialization in ergonomic technology (hardware and software). Customers include many Fortune 500 companies, large hospital networks and universities.
Company has been named to the Inc. 5000 for the past two years and continues substantial growth with expected revenues of $5 million and net income of just under $1 million for 2018. Sales in 2017 were just over $3 million.
Experienced management in place that will stay on if desired.
Buyer should have previous experience in the sector or related sectors such as wellness, commercial real estate and business services dealing with Fortune 500 companies.
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