Asking Price: $4,495,000 Gross Revenue: $6,800,000Cash Flow: $1,270,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $360,000 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.
10+ Year Old Denver Metro Commercial Electrical Contractor with over $6 million in sales in 2018. Trailing 12 month sales are up nearly 40% and net profit is up over a 100% as compared to the prior 12 month period.
There is $10+ million on the books for 2019 with multiple projects that will roll into 2020.
Experienced staff in place including a licensed Master Electrician. Business is growing beyond the current owner's ability to manage it and has significant upside for the right, business minded owner. Key relationships are in place for major expansion.
Owner willing to remain on board under agreed upon conditions. All details on this opportunity will be provided with a signed Buyer Qualification Profile and Non-Disclosure Agreement.
About the Business
Number of Employees:
Building Sq. Ft.:
$4,167.00 Per Month
Leased 5,000 sq. ft. facility with flexible landlord
Colorado is booming and the growth is projected to continue for the foreseeable future. Denver was recently listed as the #2 city in the U.S. to live in and Colorado Springs was listed as #3.
Growth & Expansion:
There is more work available to this company than they can handle due to its key relationships and quality of service.
Premiere Denver-based Electrical Contractor with Dynamic Growth
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.