Asking Price: $350,000 Gross Revenue: $471,720Cash Flow: $117,842 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $50,000 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.
Established for over 20-years, this electrical service company specializes in Electrical Installations, Panel Upgrades, Electrical Services on Remodels and Repairs. They also install and repair generators. There are 4 well-trained technicians and 3 company vehicles. commercial and residential revenues are about 50/50. The business is debt free and has plenty of Work in Progress. It should qualify for a Visa as it has excellent books and records. The down payment is based on a qualified buyer obtaining SBA guaranteed financing, or the seller may consider financing with at least $250k down. He may also consider being a license qualifier. Please refer to listing number 0101-946365 and advisor Tom Milana when inquiring.
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or stake in the sale of this business and has not verified any of the information
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