Asking Price: $650,000 Gross Revenue: $514,000Cash Flow: $187,139 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $150,000 not included in asking priceFF&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.
Don't miss this great opportunity to purchase a long established plastic fabrication business located in SE Michigan. The company is a full service shop that specializes in custom cut and bent plastics products such as candy bins, candy racks, yogurt topping bins, candy tubes, bakery cabinets, coffee bins, display racks, cutting boards, business signs and holders, medical products, exhibit displays and many other products. With their expertise in plastic fabrication they cater to a diverse market place that touches many different industries and businesses. The company works out of a large manufacturing facility rich with all of the state of the art equipment and custom software needed to manufacture a myriad of products for multiple industries. Also, there is a robust transactional website that is included in the sale. The building is for sale too. The seller is very motivated and ready to retire. Call Merrick Blumenthal at 248-891-9649 or visit www.merrickbusinessbroker.com
POTENTIALLY SBA FINANCEABLE WITH 10% DOWN TO A QUALIFIED BUYER
About the Business
Number of Employees:
Building Sq. Ft.:
Large seller owned facility with state of the art equipment and custom software located on a highly traveled rd.
Although there is competition in this space, this firm has a long established customer base.
Growth & Expansion:
This could be a multi million dollar a year revenue business with the right owner operator.
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.