Asking Price: Not Disclosed Gross Revenue: $1,800,000Cash Flow: Not DisclosedEBITDA: $240,000Inventory: Not Disclosed FF&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.
The Company is a reputable provider of professional mechanical and plumbing contracting services. Customer base is comprised of exclusively commercial customers, and service offerings include industry leading HVAC and piping systems installation and maintenance. The Company differentiates itself from competitors by employing certified medical gas installers and inspectors, as well as third-party certification on all of its completed projects.
In 2017, revenue was derived primarily through HVAC installation, plumbing installation, and maintenance services.
The Company leases its 14,000 square-foot office facility from the shareholders, who own it under a separate entity. The principals are willing to lease the facility to the new business owner at the prevailing fair market rate under agreeable terms.
The Company’s operations are not limited by its facility space. The Company can accommodate higher revenues without major facility improvements or expansion.
Superior Name and Reputation: The Company has a long-standing (34-year) reputation for providing high-quality mechanical and plumbing contracting services, on-time and within budget with competitive pricing, backed by exceptional customer service.
Repeat Business: An established and growing customer account base and an estimated 80% retention rate help ensure continuity of The Company's operations.
Growth & Expansion:
Outstanding Growth Opportunities: Given additional resources, The Company has opportunities to accelerate revenue and profit growth by diversifying and expanding its customer base and geographic markets, capitalizing further on existing customer relationships, hiring dedicated and experienced sales professionals, and implementing a comprehensive marketing strategy.
Facility Will Support Pro Forma Growth: The Company’s existing 14,000 square-foot facility is sufficient to support the growth that is projected throughout the pro forma period.
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.