Asking Price: $575,000 Gross Revenue: $579,000Cash Flow: $215,950 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $85,000 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.
An established, well respected and profitable specialty outdoor lighting business that custom designs, installs and maintains architectural accent lighting systems and landscape lighting systems serving a major portion of the state of Virginia for over 17 years. The company offers full-service, residential and commercial outdoor lighting systems that illuminates and highlights the beauty of the exterior features of the home, landscape or commercial property.
About the Business
Number of Employees:
1 FTE; 10 PTE
The business is operated out of leased office space within the service area however it is believed that a physical location is not necessary to operate the business effectively. The current ownership has stated that a home office would be adequate for day-to-day operations. A storage facility is strategically leased in the middle of the service area in order for employees to conveniently maintain inventory and parts for jobs all over the state.
The company has limited their opportunities to some extent due to the owner’s desire of being involved in the design, quoting and selling of projects. As a result of the owner’s time limitations, the company has more narrowly focused on larger projects while ignoring the larger middle market of homes. Growth opportunities in this industry are tremendous as more residential and commercial property owners take notice of the beauty enhancement that these lighting systems can bring to a property. There is also believed to be more work in the service and maintenance side of the business that can be tapped into as well.
The competition in this industry comes mostly from Landscape and Irrigation companies that are trying to expand or add another arm to their business. The disadvantages that this type of competitor faces is that they do not have the experience, knowledge, reputation or expansive former client base to draw business from. The company has 17 years of experience, a skilled labor force, professional presentation/design and an impressive portfolio of work done around Virginia.
Will train for 4 weeks @ no cost. The company offers customized design, installation and maintenance of outdoor lighting systems for high end to moderate homes and commercial properties. Products installed are of exceptional high quality. Products provided by manufacturers come with a 10-year to lifetime warranty. The Company is a Class A Licensed Contractor in the State of Virginia.
Lender pre-screened with $143,750
Construction, Lighting, Contractor, Outdoor Lighting, Virginia
Outdoor Architectural Lighting & Low Voltage Electrical
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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