Asking Price: $3,250,000 Gross Revenue: $5,562,262Cash Flow: $871,673EBITDA: $771,673Inventory: $90,000 included in asking priceFF&E: $600,000 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.
This is a very well-respected and renowned plumbing business with a fantastic reputation, providing residential install, new construction, remodeling and re-piping services to south west Florida for 40 years. Clients include custom homebuilders, local builders and commercial/retail customers. They hold a dominant position and very strong presence in their respective markets, however there are also many opportunities to develop the business statewide. A track record of very strong and sustained growth (six-year sales CAGR of 17.3%) with excellent historical financial records make this a solid and attractive investment to a savvy business investor-owner or existing plumbing business looking to consolidate, add value and grow further.
About the Business
Number of Employees:
Building Sq. Ft.:
$0.67 Per Month
Office, showroom/design center, warehouse and workshop space with secure parking for the company’s vans, trucks and other equipment.
Growth & Expansion:
New home sales are increasing at fastest pace since 2006, and re-modelling in the luxury real estate market is becoming more popular due to a lack of suitable inventory. The business is located close to a busy highway and is well-placed to exploit the expanding market in the area. Future infrastructure and economic development in SW Florida is strengthening, and the business model can be taken into neighboring territories to add expanding revenue streams.
The owner will assist the buyer during a four-week transition after closing of the transaction to ensure continued success. The owner is also willing to discuss arrangements for a longer-term consultancy should the buyer require additional assistance. Key employee in place with plumbing license credentials.
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
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