Asking Price: $525,000 Gross Revenue: $1,163,617Cash Flow: $233,536 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: $215,000 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.
Since 1992, This Painting and Drywall business has been a leading, full-service painting contractor. The owner, who has more than 30 years of experience in professional painting, was inspired by God’s Natural Beauty across Northwest Montana.“We like to be very detailed oriented” which is a tradition of excellence.
The business has been in operation for 25 years and has years of consistent sales and profits. An old fashion work ethic has enabled the business to obtain an award-winning attention to detail reputation. The owner said in addition to that, “we pride ourselves on being on time, telling you what we will do, and doing what we tell you we will do.” The owner and his team have completed several landmark projects of all shapes and sizes over the years across the region. This is a business a buyer can feel comfortable stepping into with a general manager that can run day to day operations. The owner is willing to work for the new owner in the capacity for an easy transition. With the constant growth in the Flathead Valley, the demand for painting is tremendous. Per the owner, “Lots of work is already scheduled on the books for 2019 and much more is in progress. The demand is strong.”
About the Business
Number of Employees:
The business is in a great the location with a very good lease rate and would be negotiable with good terms for the new owner.
There are many painting companies in the Flathead Valley but not many with reputation. • A longtime member of the Kalispell Chamber of Commerce • The Painting and Drywall business has received numerous honors for its services, including Building Excellence and Craftsmanship Awards from the Montana Contractors Association. • The business sale includes over $230,000 in assets and inventory. This company is reputable and large enough to bid substantial commercial jobs, which limits the competion!
Growth & Expansion:
The Flathead Valley is growing at a alarming rate. The Flathead valley is attracting people from all over the United States, which allow the new owner to have as much work as he desires.
The seller is committed to a seamless transition and will thoroughly train a new owner in all aspects of the business. If the new owner desires to employ the seller as project manager of the business for a longer term, an ongoing employment agreement can be considered by both parties. The owner has other business interest but wants to help insure a smooth transition. As stated previously, there is a general manager in place.
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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
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